EUR/USD: no any reversal pattern so far

EUR/USD: no any reversal pattern so far

0105eurusdH4 (2).png

The price is declining because of the last 'Doji' pattern. At the same time, if a pullback from the nearest 'Window' happens, there'll be an opportunity to have a local upward correction. Even so, bears are likely going to achieve the next 'Window' afterwards.

0105eurusdh1 (2).png

There's no any reversal pattern so far. Meanwhile, if we see a pullback from the lower 'Window', the pair is likely going to test the nearest Moving Averages.

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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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