EUR/USD: 'Harami' led to decline

EUR/USD: 'Harami' led to decline


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).


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.



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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