Resistance: 1.3213 strong/1.3265 moderate/1.3342 minor
Support: 1.3136 moderate/1.3084 minor/1.3007 minor
EURUSD is in a bear market in Hourly charts. We have a high level bearish pattern in the Three Outside Down confirming market direction though proximity to a moderate support at 1.3136 suggests we should look for prices to push under said level before jumping in. Immediate target for sells will be 1.3084 then possibly a push on to 1.3007. Stops should be placed above the pattern high.
Learn more about the chart patterns and how to recognize them in our Learning Center: Japanese Candlesticks - A Way To Look At Prices
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