The panic after Brexit is disappearing, it is time for bullish rebound on the Forex market. On Friday EURUSD dropped from 1.14 to 1.09 just to come back above 1.1 till the end of session. Yesterday there were more decreases, price is now close to daily support at 1.1025.
On H4 chart we can see Inside Bar pattern, 2 consecutive candles closed in bearish one marked on the chart. Today there was a break up what predicts appreciation – probably a correction of last decreases. I suggest to wait for depreciation to mother candle area and then opening long position with target at another resistance in 1.1200 area.
