It seems that today, a strong trend-turning figure is clearly being drawn on the daily chart in this currency pair, after a bullish rally from 1.7400 levels.
Specifically, it is a bearish engulfing pattern:
If today closed below 1.94800 we would have confirmation of this change in trend.
Specifically, it is a bearish engulfing pattern:
![](http://www.dukascopy.com/imageserver/img/d4f9c5b99c32af61a2f88645f2aebcfe/500_2/image.jpg)
If today closed below 1.94800 we would have confirmation of this change in trend.
![](http://www.dukascopy.com/imageserver/img/3874ed553b979a36840ca843d14f70a4/500_2/image.jpg)