EUR/USD: 'Three Methods' pushed market lower
The price reached the 144 Moving Average, but there's no any bullish pattern so far. Thus, the price is likely going to test the next support...
EUR/USD: bearish "Doji"
There's a bullish "Three Methods" pattern, so the price is likely going to test the nearest resistance. If a pullback from this level happens little later on, there'll be an opportunity to have a bearish correction.
We've got a bearish "Doji", which has been formed at the last local high. So, the lower "Window" is likely going to act as support in the coming hours. If a pullback from this level arrives afterwards, we could have another bullish rally.
Galya Svetlova
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