{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/eurusd-showing-signs-of-bulls\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/eurusd-showing-signs-of-bulls\/","headline":"EURUSD Showing Signs of Bulls","name":"EURUSD Showing Signs of Bulls","description":"The EURUSD daily chart has produced two bullish candles that both have long tails rejecting lower prices which may be suggesting a move higher could be about to occur. This would be a good thing for Price Action traders who are looking to get into the down move from a pull-back higher. The logical area [&hellip;]","datePublished":"2012-07-18","dateModified":"2019-08-04","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2012\/07\/PA1.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2012\/07\/PA1.png","height":"215","width":"595"},"url":"https:\/\/forexschoolonline.com\/eurusd-showing-signs-of-bulls\/","about":["Price Action Charts in Focus"],"wordCount":102,"articleBody":"The EURUSD daily chart has produced two bullish candles that both have long tails rejecting lower prices which may be suggesting a move higher could be about to occur. This would be a good thing for Price Action traders who are looking to get into the down move from a pull-back higher.The logical area for traders to get short should this market move higher is around 1.2435. This area represents old support which we would look to hold as new resistance. Price Action at this area could signal a resumption of the down trend.Stay tuned&#8230;&nbsp;EURUSD DAILY CHART&nbsp;&nbsp;"}