EUR/USD: bullish "Hammer" on 89 MA

EUR/USD: bullish "Hammer" on 89 MA

1509eurusdh4.png

We've got a bullish "Hammer" on the 89 Moving Average, but the price faced with the nearest resistance. So, the market is likely going to test the 89 Moving Average, which could be a departure point for another upward price movement.

1509eurusdh1.png

The last "Window" has been broken, so the pair is likely going to achieve the nearest resistance area. If any bearish pattern arrives little later on, there'll be an opportunity to have just another bearish price movement.

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