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EUR/USD: bullish 'High Wave'

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There's a bullish 'High Wave', but confirmation of this pattern is quite weak. So, the pair is likely going to test the nearest resistance at 1.1502. If a pullback from this level happens next, there'll be a moment for another decline.

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We've got a 'Morning Star', so there's an opportunity to have a bullish local correction. In this case, we should keep an eye on the 55 Moving Average as an intraday target. A pullback from this line could be a departure point for a bearish price movement towards the lower 'Window' (1.1386).

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