EURUSD Forex Analysis - Retest & Failure At 1.0970 Daily Resistance

Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the EURUSD daily and 4-hour charts.

Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the EURUSD daily and 4-hour charts.

A head and shoulders pattern may be forming on the daily chart.

Price rallied and retested the 1.0970 daily resistance level yesterday.

1.0970-75 the daily resistance level and 79% fib retracement level.

Watching for price to retest and fail at this intraday resistance area for a decline targeting the 1.0800 level.

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