EUR/USD: bullish "Harami"

EUR/USD: bullish "Harami"

2308eurusdh4-1.png

There's a bullish "Harami", which has been formed on the 34 Moving Average. Considering confirmation of this pattern, the price is likely going to test the nearest resistance. If we see a pullback from this level, there'll be an opportunity to have a local decline.

2308eurusdh1-1.png

All the Moving Averages have been broken, but we still don't have any reversal pattern. Also, there's resistance by the last "Three Methods" pattern. If we have a pullback from this level, bears are likely going to test the nearest support.

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