EURUSD Piercing Line Hourly Chart Resistance: 1.3019 moderate/1.3090 strong/1.3127 moderate Support: 1.2981 minor/1.2910 minor EURUSD is in a bear market with prices just under a moderate resistance level, 1.3019. Hourly charts however have a high credibility bullish reversal pattern, Piercing Line. Given its proximity a close above 1.3019 should be seen before taking a buy, the immediate objective will be the daily pivot point at 1.3090, break of which should see 1.3127. Stops should be
Go here to read the rest:
EURUSD Piercing Line Hourly Chart
