EUR/USD:  "Hammer" on the lower "Window"

EUR/USD: "Hammer" on the lower "Window"

1409eurusdh4.png

We've got a bullish "Tower", which has been confirmed. So, the market is likely going to test the nearest resistance. If a pullback from this level happens, we could have just another decline.

1409eurusdh1.png

There's a bullish "Hammer" on the lower "Window". Considering confirmation of this pattern, the price is likely going to test the Moving Averages in the short term.

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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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