EUR/USD: bearish "Engulfing"

EUR/USD: bearish "Engulfing"

1402eurusdh4 (3).png

There's a bearish "Engulfing", which hasn't been confirmed enough. So, if the 89 Moving Average acts as support, there'll be an opportunity to have another upward price movement.

1402eurusdh1 (3).png

The last "Engulfing" pattern led to the current decline, so there isn't any reversal pattern so far. In this case, the pair is likely going to test the lower "Window" in the coming hours.

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EUR/USD: bullish "Doji"

The price is likely going to test the nearest resistance. If a pullback from this level happens, we could have just another decline...

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