EUR/USD: pair going to test Moving Averages

EUR/USD: pair going to test Moving Averages

2803eurusdH4 (2).png

The last bullish 'Harami' hasn't been confirmed because all the last candles are bearish. So, the market is likely going to test the Moving Averages, which could be a departure point for another upward price movement.

2803eurusdH1 (2).png

There's a bullish 'Hammer', which has been formed on the 55 Moving Average. However, confirmation of this pattern is quite weak. So, after a short break, bears are likely going to test the 144 Moving Average.



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