EUR/USD: price to test the 34 Moving Average
The pair has been declining since the last 'Harami' formed. However, there's a bullish 'Hammer', which has been confirmed...
EUR/USD: broken "Window"
We've got a "Tweezers" and a "Harami", but confirmation of both patterns is quite weak. So, we could have a local upward price movement and a decline towards the Moving Averages afterwards.
The last "Window" has been broken. Also, there isn't any reversal pattern so far, which means the price is likely going to continue moving up. If any bearish pattern arrives later on, there'll be an opportunity to have another decline.
Galya Svetlova
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