EUR/USD: bullish "Three Methods"

EUR/USD: bullish "Three Methods"

2107eurusdh4-1.png

There's a bullish "Three Methods", but this pattern hasn't been confirmed yet. Nevertheless, the price is likely going to continue moving up until any bearish pattern arrives. If so, we could have a local downward correction.

2107eurusdh1-1.png

We've got a bearish "Engulfing", so the market is likely going to test the nearest support level. Anyway, bulls will probably try to deliver a new local high afterwards.

eur

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