EUR/USD: bearish "Engulfing"

EUR/USD: bearish "Engulfing"

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We've got a bearish "Engulfing", but this pattern hasn't been confirmed enough. Therefore, the market is likely going to test the nearest support, which could be a departure point for another upward price movement.

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There's a bearish "Tweezers", which has confirmation. However, we've got a bullish "Hammer", so the pair is likely going to reach the closest resistance. If a pullback from this level happens, bears will have a green light to test the 55 Moving Average.

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