EUR/USD: no any reversal pattern

EUR/USD: no any reversal pattern

1302eurusdh4 (1).png

The last "Harami" led to the current upward price movement, so there's no any reversal pattern so far. At the same time, there's an opportunity to have a bearish correction anytime soon.

1302eurusdh1 (1).png

All the Moving Averages have been broken, so the price is moving up. It's likely to have a local correction in the short term, but bulls are likely going to test the upper "Window" afterwards.



Latest news

GBP/USD: pound entered into channel Tenkan-Kijun

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.


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