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

Popular

Morning brief for June 2

Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…

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

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