EUR/USD: all the last candles are bearish

EUR/USD: all the last candles are bearish


There's still no any reversal pattern, cause all the last candles are bearish. So, the pair is likely going to continue moving down towards the closest support area, which could be a departure point for another upward price movement.


We've got a bearish "Three Methods" pattern, which pushed the market lower. So, the price is likely going to continue declining until any reversal pattern forms.



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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