EUR/USD: "Doji" pattern

EUR/USD: "Doji" pattern

0901eurusdH4 (1).png

The last bearish "Shooting Star" led to a decline. It's likely that the 34 Moving Average is going to act as support. If so, there'll be an opportunity to have a local upward correction.

0901eurusdH1 (1).png

There's a "Doji" pattern, which has been formed on the 144 Moving Average line. Therefore, bulls are likely going to reach the 89 Moving Average, which could be a departure point for another decline.



Latest news

GBP/USD: confirmed "Thorn" pattern

The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...


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