EUR/USD: bullish "Inverted Hammer"

EUR/USD: bullish "Inverted Hammer"

0906eurusdh4.png

The bearish correction is still developing, so there isn't any bullish pattern so far. In this case, the market is likely going to continue declining towards the nearest "Window".

0906eurusdh1.png

We've got an "Inverted Hammer" at the last low, but confirmation of this pattern is a quite weak. Therefore, we could have a local upward correction and another decline afterwards.

eur

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