EUR/USD: confirmed bullish 'Harami'

EUR/USD: confirmed bullish 'Harami'


There's a bullish 'Harami', which has been confirmed. Also, there's no any reversal pattern so far. In this case, the price is likely going to test the closest resistance at 1.1759, which could be a starting point for a decline towards the Moving Averages.


The market has been rising since the last 'High Wave' formed. The main intraday target is the upper 'Window' (1.1745). If a pullback from this level forms next, there'll be a green light for a decline in the direction of the 34 Moving Average (1.1679).




EUR/USD: euro hung on Tenkan-Kijun

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.

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