Narrowing irregular bullish Ichimoku Cloud with falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling Tenkan-sen; the market are in the negative area and made the new lows.
EUR/USD: bullish "Pennant"
The price has been consolidating under resistance at 1.1287. Also, we've got a "Pennant" pattern, so the pair is likely going to test the next resistance at 1.1307 - 1.1325. If a pullback from this area happens, there'll be an opportunity to have a decline towards the nearest support at 1.1249 - 1.1232.
There's a consolidating, which is taking place between the closest resistance at 1.1287 and the 34 Moving Average. At the same time, we've got a "Triangle", so the market is likely going to test the lower side of this pattern, which could be a departure point for an upward price movement towards resistance at 1.1287 - 1.1307.
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We've got a bearish "High Wave", which has strong confirmation. In this case, the price is likely going to decline.
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The 144 Moving Average has acted as support, but there's a bearish "Engulfing' at the local high.