# Reversal Candlesticks on EUR/USD (September 10, 2013) Source: https://www.tradersway.com/resources/market-info/reversal-candlesticks-on-eur-usd-september-10-2013/ Language: en Updated: 2013-09-10 Description: Explore Reversal Candlesticks on EUR/USD (September 10, 2013). The. Trade Forex and CFDs on MT4 and MT5 with tight spreads, flexible leverage and fast funding. The euro’s rallies against the dollar might soon be coming to an end, as reversal candlesticks on the 4-hour time frame are hinting at an exhaustion. At the same time, stochastic has already reached the overbought zone, suggesting that bears could take over. The 1.3250 minor psychological level is in between the 50% and 38.2% Fibonacci retracement levels and is in line with a former support level. This could act as strong resistance from now on, due to the confluence of levels. ![Reversal Candlesticks on EUR/USD (September 10, 2013)] Shorting at 1.3250 with a stop above the 61.8% Fib and a target of the previous lows around 1.3125 would yield a 2:1 reward to risk. *By Kate Curtis from Trader’s Way* ## Structured data JSON-LD as served in the HTML version of this page. ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Article", "@id": "https://www.tradersway.com/resources/market-info/reversal-candlesticks-on-eur-usd-september-10-2013/#primary", "url": "https://www.tradersway.com/resources/market-info/reversal-candlesticks-on-eur-usd-september-10-2013/", "mainEntityOfPage": "https://www.tradersway.com/resources/market-info/reversal-candlesticks-on-eur-usd-september-10-2013/", "headline": "Reversal Candlesticks on EUR/USD (September 10, 2013)", "inLanguage": "en", "datePublished": "2013-09-10T11:05:49+00:00", "dateModified": "2013-09-10T11:05:49+00:00", "articleSection": "Market Info", "description": "Explore Reversal Candlesticks on EUR/USD (September 10, 2013). 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