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.
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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