EUR/USD: "Morning Star" pattern

EUR/USD: "Morning Star" pattern

1603eurusdh4 (1).png

There's a "Morning Star" pattern, which has been confirmed. Therefore, the 21 Moving Average is likely going to at as resistance, which could be a starting point for another decline.

1603eurusdH1 (1).png

The price has been declining since the last "Tweezers" pattern was formed. If the Moving Averages act as resistance, the market is likely going to test the lower "Window".

eur

Similar

Popular

Morning brief for June 2

Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…

Deposit with your local payment systems

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera