EUR/USD: bearish "Shooting Star" and "Doji"

EUR/USD: bearish "Shooting Star" and "Doji"


The 55 Moving Average has been tested once again, so we've got a bearish "Tower", but this pattern remains unconfirmed. So, the pair is likely going to continue declining until any bullish pattern forms.


There're bearish patterns such a "Shooting Star" and a "Doji", which both have been confirmed. However, we've got a bullish "Inverted Hammer", so there's an opportunity to have a local upward correction. Anyway, bears are likely going to test the next support afterwards.




Morning brief for June 2

Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…

AUD/USD: aussie under main resistance

Bullish Ichimoku Cloud, rising Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen; but the prices are under the main daily resistance and local market is overbought.

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