EUR/USD: bullish 'Engulfing'

EUR/USD: bullish 'Engulfing'


There's a bullish 'Engulfing', which has been confirmed. So, the pair is likely going to test the next resistance at 1.1701. A pullback from this level could be a departure point for another decline.


We've got a 'Harami', which has formed on the upper 'Window', so it's time for a local correction. Even so, the price is going to reach the closest resistance at 1.1701 little later on.



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