EUR/USD: "Morning Doji Star"

EUR/USD: "Morning Doji Star"

2102eurusdh4 (1).png

There's a bullish "Harami" at the last low, so the market is likely going to test the Moving Averages. If a pullback from these lines happens little later on, we could have another decline.

2102eurusdh1 (1).png

We've got a "Morning Doji Star", so the pair is likely going to reach the 55 & 89 Moving Averages. If these lines act as resistance, we should keep an eye on the lower "Window" as the next bearish target.

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EUR/USD: euro hung on Tenkan-Kijun

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.

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