First appeared on eFXplus on Jan 30 - 03:15 AM
- Daily doji action suggesting market indecision at the 100DMA
- Failure to close above the average Monday and Tuesday
- Marginally longer upper candle wicks heightening the risk to the downside
- The 100DMA currently at 1.1443 and early Wed failure high at 1.1450
- Daily momentum negative and stochs turning over
- Cloud twist at 1.1394 Feb 1 in the bearish mix too
EUR/USD Trader
EUR/USD Daily Candle Chart: Click here 
Source:
Thomson Reuters IFR Markets
