EUR/USD: possible triangle pattern

EUR/USD: possible triangle pattern


The price is still consolidating near the 34 Moving Average, so bears are likely going to reach the nearest support at 1.1909 - 1.1892. If a pullback from this area happens, there'll be an opportunity to have an upward price movement in the direction of the closest resistance at 1.1975 - 1.2003.


There's a possible triangle pattern. In this case, the market is likely going to get support on the 89 Moving Average. Meanwhile, if we see a pullback from this line, bulls will try to test another resistance at 1.1975 - 1.2003.




EUR/USD: bullish "Doji"

The price is likely going to test the nearest resistance. If a pullback from this level happens, we could have just another decline...


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