EUR/USD: any reversal pattern so far

EUR/USD: any reversal pattern so far


The pair has been declining since a pullback from the Moving Averages happened. There's no any reversal pattern so far, but if a pullback from the nearest support at 1.1603 happens next, there'll be a moment for an upward correction.


We've got a bullish 'High Wave', which hasn't been confirmed yet. So, the market is likely going to test the lower 'Window' (1.1603) once again. A pullback from this level could be a starting point for a bullish correction.



Latest news

GBP/CAD is insatiable

GBP/CAD has broken above the ascending triangle, which is now providing support in the 1.7100/1.7060 area.

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