Google is going up. When are we to expect full recovery? This short technical analysis will give you some clues where to look at.
EUR/USD: local bullish 'Engulfing'
There's a local bullish 'Engulfing', which has been formed at the last local high. So, the market is likely going to test the next resistance at 1.1836, which could be a starting point for a bearish correction.
The 55 Moving Average has acted as support once again, so we've got a 'Hammer' pattern on this line. In this case, after a short break, bulls are going to deliver a new local high.
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