EUR/USD: bullish "Diamond" pattern

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23-11-2017-EUR-H4.png

There's a "Double Bottom" pattern, which has been confirmed. So, the price is likely going to test the nearest resistance at 1.1859 - 1.1874. If a pullback from this area happens little later on, there'll be an opportunity to have a decline towards the closest support at 1.1821 - 1.1787.

23-11-2017-EUR-H1.png

We've got a bullish "Diamond" with confirmation, so the price is rising. Finally, the pair faced with resistance at 1.1821, so we could have a bearish correction in the direction of the nearest support at 1.1808 - 1.1787. This area could be a departure point for an upward price movement towards another resistance at 1.1821 - 1.1859.

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