EUR/USD: "Harami" pattern

EUR/USD: "Harami" pattern


There's a bearish "Harami" at the last high. If this pattern confirms, the market is likely going to test the nearest support level. Anyway, bulls will probably try to push the price even higher afterwards.


We've got a "Harami" pattern, so bears are likely going to test the 34 Moving Average during the day. Meanwhile, if a pullback from this line happens, we could have just another upward price movement.



GBP/USD: "Triple Bottom"

The main intraday target is the next resistance at 1.4011. If a pullback from this level forms afterwards...


Morning brief for May 30

 Growing concerns over Greek bailout, early elections in Italy and comments by the ECB President Mario Draghi about the need to maintain the bank’s extraordinary amount of monetary policy support…

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