EUR/USD: consolidation under Moving Averages
The price is going to achieve the nearest resistance at 1.1413 soon. A pullback from this level could turn out...
EUR/USD: price going to get support on MA
There's a correction, which is taking place on the four-hours chart. Also, we've got a developing a "Three Methods" pattern, so the market is likely going to continue moving down towards the Moving Averages.
We've got a "Shooting Star", which has been confirmed. Therefore, the 34 Moving Average is likely going to act as resistance. If a pullback from this line happens, bears will have an opportunity to reach the nearest support level.
Galya Svetlova
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The market is going to reach the closest resistance at 1.1429. A pullback from this level could be a starting point for a decline...
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