EUR/USD: 144 MA acting as support

EUR/USD: 144 MA acting as support

0412eurusdh4 (1).png

The upper "Window" has acted as resistance once again. Also, there's new "Window". Therefore, the market is likely going to test the 89 Moving Average in the short term.

0412eurusdh1 (1).png

The 144 Moving Average is acting as support. Also, there's a bullish "Engulfing", but this pattern hasn't been confirmed yet. So, the pair is likely going to test the lower "Window" in the coming hours.

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We're likely going to have wave [iii] inside this pattern. So, we should keep an eye on +2/8 MM Level as the next bullish target...

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