EUR/USD: bearish "Three Methods" pattern

EUR/USD: bearish "Three Methods" pattern

0802eurusdH4 (2).png

There's a bearish "Three Methods" pattern, which has been formed under the Moving Averages. So, the market is likely going to continue moving down in the short term.

0802eurusdH1 (3).png

The upper "Window" has acted as resistance, so there's a "Shooting Star" pattern. In this case, the pair is likely going to test the nearest support area pretty soon.



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