The EUR/USD has formed a second consecutive Doji candle of the weekly chart in the period of 5 days leading up to Sept 18. The two consecutive Doji candle came after a rally from 1.08 to 1.2011 and could potentially be signally buyer exhaustion. This can be further supported by the lower highs on the weekly MACD Histrogram chart – pointing towards a bull exhaustion and could herald a pull back in the short term.
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