EUR/USD: bullish party

EUR/USD: bullish party


The lower "Window" has acted as support, which led to a new local high. Considering the last "Hammer", bulls are likely going to test the nearest resistance level, which could be a departure point for a downward correction.


We've got some bullish patterns such a "High Wave" and a "Hammer" at the last low. So, there's an opportunity to have the market even higher in the short term. However, if any bearish pattern arrives afterwards, bears will probably try to deliver a correction.




Morning brief for June 2

Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…

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