EUR/USD: bullish 'High Wave'

EUR/USD: bullish 'High Wave'

2405eurusdh4 (1).png

There's a bullish 'High Wave', so we're likely going to have an upward correction in the short term. Even so, bears will probably try to deliver another decline little later on.

2405eurusdh1 (1).png

We've got a bearish 'Harami', so the market is going to reach the lower 'Window' within the next few hours. A pullback from this level could be a departure point for a bullish correction.



Latest news

EUR/CHF looks ill

This week EUR/CHF broke below the 100- and 50-day MAs at 1.0966 and 1.0954 respectively.

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