EUR/USD: 89 MA acted as support

EUR/USD: 89 MA acted as support


The 89 Moving Average has acted as support, so we've got a "Shooting Star", but this pattern remains unconfirmed. So, the price is likely going to continue moving up towards the next "Window".


We've got a "High Wave", which has been confirmed. In this case, we're likely going to have a local decline towards the 34 Moving Average, which could be a departure point for another upward price movement.



EUR/USD: bearish 'High Wave'

We should keep an eye on the lower 'Window' as the next intraday target. A pullback from this level could be a starting point for...



Morning brief for June 2

Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…

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