EUR/USD: price going to test 21 MA

EUR/USD: price going to test 21 MA

1902eurusdH4 (2).png

There's a bullish "Harami", which has been confirmed. So, the price is likely going to test the 21 Moving Average, which could be a departure point for another downward price movement.

1902eurusdH1 (2).png

We've got a "Harami" and a "Hammer", which both have been formed on the 89 Moving Average. In this case, bulls are likely going to test the upper "Window". If this level acts as resistance, bears will probably try to test the next support area.

eur

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The main intraday target is the next resistance at 113.53, which could be a starting point for a bearish correction...

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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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