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.



Latest news

GBP/USD: pound entered into channel Tenkan-Kijun

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.


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