EUR/USD: lower "Window" waiting for bears

EUR/USD: lower "Window" waiting for bears

EUR/USD: lower "Window" waiting for bears

There's resistance by the "Window", but the 55 Moving Average is acting as support. Also, we don't have any reversal pattern so far, which means bears are going to test the next "Window" in the short term.

EUR/USD: lower "Window" waiting for bears

The 34 Moving Average is acting as resistance, so we've got a bearish "Engulfing" on this line. However, confirmation of this pattern is a quite weak, so the 34 MA could be tested once again. Meanwhile, there's an opportunity to have a new low soon.

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