EUR/USD Price Analysis: Bulls charge towards a critical weekly 50% mean reversion mile-stone

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EUR/USD Price Analysis: Bulls charge towards a critical weekly 50% mean reversion mile-stone By ross_burland EURUSD Technical Analysis

However, the bearish head and shoulders are a topping pattern that currently features in the 15-min time frame. , the price has continued higher as the bulls hunt down key weekly resistance structure. breached the 38.2% Fibonacci of the weekly bearish impulse on Monday and has subsequently moved higher into the 1.07 areas with eyes on mid-late April daily swing lows near 1.0770. The following illustrates the bullish bias over a series of time frames.

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