EUR/USD: consolidation under the 'Window'

EUR/USD: consolidation under the 'Window'

0205eurusdh4 (2).png

There's a bullish 'Morning Star', but confirmation of this pattern isn't enough. So, after a short break, the market is likely going to test the lower 'Window'.

0205eurusdh1 (2).png

The market is consolidating under the upper 'Window'. It's likely that the price is going to test the 34 Moving Average, which could be a departure point for another decline.



Latest news

AUD/JPY looks exposed

AUD/JPY formed a “shooting star” candlestickon the W1. This week, it’s testing levels below the 50-week MA at 75.45.

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