EUR/USD: bullish "Hammer"

EUR/USD: bullish "Hammer"


There's strong resistance by the upper "Window". At the same time, we've got a bullish "Harami" at the last low, but confirmation of this pattern is a quite weak. Therefore, the price is likely going to test the "Window" once again. If a pullback from this level happens, we could have a downward price movement towards the nearest support.


The market is consolidating. However, there's a bullish "Hammer", which has been confirmed. In this case, the price is likely going to rise towards the closest "Window" during the day. Nevertheless, bears will probably try to deliver a new local low afterwards.



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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