EURUSD: Three Possible Bullish Patterns

EURUSD is at the moment in a bearish trend making lower lows and lower highs on the daily chart. But there are three bullish patterns that could stop this trend and possibly reverse EURUSD to move higher. All three bullish patterns trigger BUYS in the 1.0660 – 1.0560 zone. We have yet to see if EURUSD can get to these levels but if the pair does it will surely be met by bulls for a larger 3 wave bounce at least. If all three bullish patterns invalidate EURUSD will possibly continue lower and make newer lows below the March 13/2015 low. As long as December 3/2015 1.0521 low holds EURUSD can bounce higher.

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