EUR/USD: "Hammer" on the lower "Window"

Read the article on FBS website

1409eurusdh4.png

We've got a bullish "Tower", which has been confirmed. So, the market is likely going to test the nearest resistance. If a pullback from this level happens, we could have just another decline.

1409eurusdh1.png

There's a bullish "Hammer" on the lower "Window". Considering confirmation of this pattern, the price is likely going to test the Moving Averages in the short term.

Share with friends:

Similar

Latest news

Instant opening

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.