EUR/USD: 'Harami' points to a bullish correction

EUR/USD: 'Harami' points to a bullish correction


There's a 'Harami' pattern, which has been confirmed. So, the pair is likely going to test the upper 'Window' (1.1313) within the next few hours. The following pullback from this level could be a starting point for another decline towards the lower 'Window' (1.1117).


We've got bullish patterns such an 'Inverted Hammer' and a 'Hammer'. In this case, we should watch the closest resistance at 1.1313 as an intraday target. If a pullback from this level happens next, bears will probably try to deliver a new local low.



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GBP/CAD has broken above the ascending triangle, which is now providing support in the 1.7100/1.7060 area.

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