View: EURUSD_Daily_BearBatOrCrab_May072015.jpg


Key test likely today for the EUR/USD (via the future /6e). 

We have one of two fibonacci price patterns setting up. 

#1 - SHOULD resistance area from January & February hold, then a bear bat pattern completes at 1.1417 


#2 - Should the /6e break to new highs of the year, then the next target is just beneath minor resistance that formed in early November 2014, with a short entry target at 1.2198


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