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.

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EUR/USD: euro hung on Tenkan-Kijun

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.

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