EUR/USD: bearish "Three Methods"

EUR/USD: bearish "Three Methods"

2709eurusdh4.png

We've got a bearish "Three Methods" pattern, so the price is declining. There isn't any reversal pattern so far, which means bears are likely going to push the price even lower in the short term.

2709eurusdh1.png

There's a bullish "Harami", but this pattern remains unconfirmed. Therefore, we could have just a local upward correction. If a pullback from the nearest resistance happens little later on, bears will try to deliver a new local low.

eur

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