EUR/USD: "Evening Star" at the last high

EUR/USD: "Evening Star" at the last high


There's an "Evening Star", so the lower "Window" is likely going to act as support. However, bulls will probably try to test the last high once again firstly.


We've got a "High Wave" at the local low, but a confirmation of this pattern is a quite weak. So, we could have an intraday upward price movement. At the same time, if any bearish pattern arrives afterwards, the market is likely going to test the Moving Averages.



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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