EUR/USD: bullish "Harami"

EUR/USD: bullish "Harami"

2410eurusdh4-1.png

There are bullish patterns such a "Hammer" and an "Inverted Hammer", which both have been confirmed enough. So, the 55 Moving Average is likely going to act as resistance soon. If a pullback from this line happens, we could have another decline.

2410eurusdh1-1.png

The last bullish "Harami" led to the current upward correction. Meanwhile, if a pullback from the 34 Moving Average happens little later on, there'll be an opportunity to have a local bearish correction towards the nearest "Window".

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