EUR/USD: bearish patterns

EUR/USD: bearish patterns


We've got bearish patterns such a "Tower" and a "High Wave", which both have confirmation. Therefore, the pair is likely going to test the 34 Moving Average in the short term.


There's a "High Wave" pattern, which has formed on the 34 Moving Average. Considering confirmation of this pattern, we could have a local correction towards the nearest resistance, which could be a departure point for another decline.



EUR/USD: bullish wave [iii]

There's a pullback from 4/8 MM Level, so the price is rising. It's likely that we're going to have bullish wave...


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