EUR/USD: "Belt Hold" pattern

EUR/USD: "Belt Hold" pattern

1412eurusdh4 (1).png

There's a "Harami", which has been formed at the last local high. So, the market is likely going to test the nearest Moving Averages. If a pullback from these lines happens little later on, we should keep an eye on the upper "Window" as the next bullish target.

1412eurusdh1 (1).png

We've got a "Belt Hold", so the price is likely going to test the 89 Moving Average. This line could be a departure point for an upward price movement towards the nearest "Window".

eur

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