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EUR/USD: confirmed bearish "Engulfing"

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There's an "Engulfing" pattern, which has been formed at the last high. So, the pair is likely going to test the nearest support level, which could be a departure point for another bullish rally.

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We've got a confirmed bearish "Engulfing". In this case, the market is likely going to test the lower "Window" and the 34 Moving Average. If a pullback from these levels happens afterwards, we could have a local correction.

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