Analytic Method: Candle patterns
Weekly/Monthly analysis
For my analysis, I have chosen to look at just the charts and candle formations, because at the end of the day, they also tell the same story. On week's chart, there is a lot of selling pressure. four losing weeks for the euro.
on a bigger chart, two losing months, but still not compared to the previous bullish month of November and December.
the overall trend is still bullish, and market pressure will likely test last month's high in a fe…