EUR/USD: bearish "Doji"

EUR/USD: bearish "Doji"

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There's a bullish "Harami", but this pattern hasn't been confirmed yet. So, the price is likely going to test the 89 Moving Average. If any bullish pattern forms on this line, there'll be an opportunity to have an upward correction.

1608eurusdh1-3.png

The 34 & 144 Moving Averages acted as resistance, so there's a bearish "Doji", which has been confirmed. So, the market is likely going to continue moving down towards the next support level.

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EUR/USD: 34 & 55 MA acting as support

There isn't any reversal pattern. In this case, the price is likely going to test the nearest support area once again. If a bullish pattern forms...

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