EUR/USD: 'Doji' led to the current decline

EUR/USD: 'Doji' led to the current decline

1304eurusdH4 (2).png

The last 'Doji' led to the current decline. However, if the 144 Moving Average acts as support, there'll be an opportunity to have another upward price movement.

1304eurusdH1 (2).png

There's a bullish 'Three Methods' pattern, so we're likely going to have a new local high soon. Meanwhile, if any bullish pattern forms little later on, bears will probably try to test the nearest support area.



Latest news

GBP/CAD is insatiable

GBP/CAD has broken above the ascending triangle, which is now providing support in the 1.7100/1.7060 area.

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