EUR/USD: "High Wave" pattern

EUR/USD: "High Wave" pattern

2812eurusdh4.png

The upper "Window" is acting as resistance, so there's an opportunity to have a bearish correction towards the last "Three Methods" pattern. If a pullback from this area happens little later on, bulls are likely going to deliver a new local high.

2812eurusdh1.png

There's a "High Wave" pattern, which is likely going to be confirmed soon. In this case, we could have a downward correction in the coming hours.

eur

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