Derived Data That Drive Results
By Martin Miller — Apr 26 - 02:35 AM
A bearish "engulfing pattern" has formed on a daily chart
A white body that is contained with the following larger black candlestick
Could be the sign of an impending bigger reversal lower in coming sessions
An element of caution is advised, however, as 14-day momentum is positive
Previous update nL1N36S0F6. EUR/USD Trader TGM2334
Daily Chart: Click here
Source:
Refinitiv IFR Research/Market Commentary
