EUR/USD: no any confirmed reversal pattern so far

EUR/USD: no any confirmed reversal pattern so far

2106eurusdh4.png

There's no any confirmed reversal pattern so far. Previously, we had a 'Shooting Star'. In this case, the pair is likely going to test the next support at 1.1449.

2106eurusdh1.png

The market has been declining since a 'Harami' formed on the Moving Averages. At the same time, there's an opportunity to have a local upward correction soon. So, we should keep an eye on the nearest resistance at 1.1543 as a possible departure point for another decline.

eur

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