EUR/USD: "Belt Hold" pattern

EUR/USD: "Belt Hold" pattern

2912eurusdh4 (2).png

There's a possible "Belt Hold" pattern, which has been formed on the lower "Window". Therefore, the market is likely going to continue rising towards the next "Window".

2912eurusdh1 (2).png

We still don't have any reversal pattern. However, if a pullback from the nearest resistance arrives little later on, there'll be an opportunity to have a bearish correction.

eur

Similar

Popular

Morning brief for May 30

 Growing concerns over Greek bailout, early elections in Italy and comments by the ECB President Mario Draghi about the need to maintain the bank’s extraordinary amount of monetary policy support…

promotions you can be interested in

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera