EUR/USD: 'High Wave' and 'Harami' pushed price higher

EUR/USD: 'High Wave' and 'Harami' pushed price higher


The last 'High Wave' and 'Harami' patterns pushed the price higher. Also, there's no any reversal pattern so far. In this case, after a short break, the pair is likely going to test the next resistance at 1.1784.


The 55 Moving Average has acted as support, so the price is rising. Meanwhile, if a pullback from the nearest resistance at 1.1736 happens little later on, there'll be a moment for a decline towards the nearest support at 1.1691, which could be a starting point for another bullish rally.



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.

Deposit with your local payment systems


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

Beginner Forex book will guide you through the world of trading.

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