EUR/USD : Reversal Day ?

Shooting Star Bearish Reversal pattern appeared yesterday on EUR/USD chart : A strong push to nearly 1.21 and a move back to below opening level. This bearish pattern is especially significative when coming after a strong push which is the case here . The pattern would be negated should EUR/USD close back above yesterday’s high i.e. 1.2070.

SocGen, UBS , ING, Credit Agricol ,.. on what’s next for EURO

Shooting Star explained