EUR/USD: bearish correction is on the way

EUR/USD: bearish correction is on the way

EUR/USD: bearish correction is on the way

We’ve got a bearish “Harami”, but a confirmation of this pattern is a quite weak. At the same time, the last “Window” remains open and there isn’t any bullish pattern so far. In this case, the market is likely going to test the “Window”, which could be a departure point for another upward price movement.

EUR/USD: bearish correction is on the way

There’s a “Harami”, which has been confirmed. Therefore, the nearest “Window” is likely going to act as a support during the day. If a pullback from this level be on the table, bulls will probably try to deliver a local upward correction.

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