EUR/USD: 'Harami' led to decline

EUR/USD: 'Harami' led to decline

1211eurusdh4.png

The pair has been declining since the last 'Harami' formed. Also, there's no any reversal pattern so far. In this case, after a short break, the price is likely going to test the lower 'Window' (1.1117).

1211eurusdh1.png

There's a bullish 'Hammer', but this pattern remains unconfirmed. So, it's likely that the market is going to reach the nearest support at 1.1313. If a pullback from this level happens next, there'll be a moment for another decline.

eur

Similar

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.

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera