EURUSD Bearish Engulfing 4-Hour Chart

Resistance: 1.3377 strong/1.3440 moderate/1.3518 minor Support: 1.3300 moderate/1.3237 minor/1.3159 minor EURUSD has a bias for the sell-side. 4-Hour charts also have a Bearish Engulfing confirming market direction though proximity to a moderate support at 1.3300 suggests we should wait for a close below it before jumping short. The immediate target of any sell-off is 1.3237 break of which sees 1.3159.

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