EUR/USD: bearish "Doji"

EUR/USD: bearish "Doji"


We've got a bearish "Doji" on the 34 Moving Average, but confirmation of this pattern isn't enough. So, the price is likely going to test the closest support area, which could be a departure point for an upward price movement.


We've got an "Engulfing" pattern at the last local high. Considering confirmation of this pattern, the price is likely going to test the nearest support level. The bearish main target is the lower "Window".



Latest news

GBP/USD: confirmed "Thorn" pattern

The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...


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