By Martin Miller — Jul 11 - 03:50 AM
EUR/USD, on Friday, left hammer: a bullish reversal candlestick pattern
A hammer is one candle that has a small body and long lower shadow
It usually appears at the bottom of a downtrend as a warning of a base
A recovery will be thwarted if spot drops under Fri's 1.0072 EBS low
And the path to parity would be reopened for an imminent retest
EUR/USD Trader TGM2334. Previous EUR/USD update nL1N2YO0BJ
Source:
Refinitiv IFR Research/Market Commentary