EUR/USD: bearish "Doji"

EUR/USD: bearish "Doji"


The last "Piercing Line" pushed the price higher. All the Moving Averages have been broken, so the market is likely going to test the nearest resistance area, which could be a departure point for another decline.


There's resistance by the upper "Window", so we've got a bearish "Doji". Therefore, the price is likely going to test the Moving Averages during the day. If a pullback from these lines happens, bulls will probably try to test the last high.



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