EUR/USD: bearish "Engulfing" pattern

EUR/USD: bearish "Engulfing" pattern


There are a "High Wave" and a "Shooting Star" patterns, which both have been confirmed. So, the market is likely going to test the 144 Moving Average, which could be a departure point for another bullish price movement.


The upper "Window" has acted as resistance, so there's a bearish "Engulfing" pattern, but the price is consolidating. In this case, this "Window" is likely going to be tested once again in the short term.



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