EUR/USD: local bearish 'Harami'

EUR/USD: local bearish 'Harami'


The last 'Hammer' led to the current upward price movement. However, it's likely to have a local bearish correction during the day. Even so, the price is going to test the next resistance at 1.1690 afterwards.


We've got a local bearish 'Harami', so a local downward correction is taking place. Meanwhile, if a pullback from the closest resistance at 1.1665 happens next, the market is likely going to achieve another support at 1.1608.



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.

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