EUR/USD: bullish "Hammer"

EUR/USD: bullish "Hammer"

1610eurusdH4-1.png

The price reached the nearest support, so we could have a reversal bullish pattern soon. If so, the price is likely going to test the closes resistance level, which could be a departure point for another decline.

1610eurusdH1-1.png

We've got a bullish "Harami" at the local low. Considering confirmation of this pattern, the market is likely going to test the next resistance level during the day. If any bearish pattern arrives little later on, we'll likely have just another decline.

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