EUR/USD: 144 MA acted as resistance

EUR/USD: 144 MA acted as resistance


The 144 Moving Average has acted as resistance, so there's a bearish 'Harami', which has been confirmed. It's likely that the pair is going to test the 34 MA, which could be a starting point for another upward price movement.


There's a 'Tweezers', which has been formed at the last local low. So, the pair is likely going to test the nearest resistance at 1.1605 once again. A pullback from this level could lead to a decline towards the 89 Moving Average.



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