EUR/USD: Hammer at 1.2700!

What are your thoughts on the hammer that just formed on the 4hr tf of $EURUSD? Time to reverse or is it just stalling?


Hey Huck,

I reckon it still has room to move down to about 1.2626 before the climb starts. If it breaks that, then its in for a ride. Just my view :slight_smile:

my broker shows the candle as a doji and not a hammer. its probably a bump but id get out anyway…