EUR/USD: "Harami" pushed price higher

EUR/USD: "Harami" pushed price higher

0707eurusdh4-1.png

The last bullish "Harami" pushed the price higher, so we've got a new local maximum. Also, there isn't any reversal pattern so far. Meanwhile, there's an opportunity to have a local bearish correction towards the nearest support. Nevertheless, the market is likely going to continue moving up afterwards.

0707eurusdh1-1.png

We've bearish patterns such a "Shooting Star" and a "Tweezers", but both of them haven't been confirmed yet. Therefore, the 55 Moving Average is likely going to act as support in the short term.

eur

Similar

USD/JPY: bearish "Harami"

The pair is likely going to test the upper "Window", which could be a departure point for a downward correction...

Popular

EUR/USD: "Double Top" pattern

Bulls faced with resistance at 1.2029, so the price is likely going to decline towards the nearest support area at 1.2003 - 1.1975...

promotions you can be interested in

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

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