EUR/USD: bulls going to test last high

EUR/USD: bulls going to test last high


The 55 Moving Average and the lower "Window" have acted as support, so we've got a "Three Methods" pattern on this line. Therefore, the market is likely going to continue moving up towards the nearest resistance level.


The price has been rising since a "Hammer" formed at the last low. There isn't any reversal pattern so far, but there's an opportunity to have a local correction. Anyway, bulls are likely going to reach the upper "Window" in the short term.



EUR/USD: bullish 'High Wave'

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...



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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