EUR/USD: broken "Pennant"

EUR/USD: broken "Pennant"


The pair faced support at 1.1864, so the market is likely going to test the nearest resistance area at 1.1909 - 1.1925 in the short term. However, if a pullback from this area happens, we could have another decline in the direction of the next support at 1.1850 - 1.1822.


Bears found support at 1.1874 - 1.1864, so the price is rising. The main intraday target is the closest resistance at 1.1907 - 1.1925. Meanwhile, if we have a pullback from these levels, bears will probably try to reach the nearest support at 1.1851 - 1.1822.



EUR/USD: bullish wave [iii]

There's a pullback from 4/8 MM Level, so the price is rising. It's likely that we're going to have bullish wave...


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