EUR/USD: price has gone through the 'Window'

EUR/USD: price has gone through the 'Window'

0905eurusdh4 (1).png

The price has gone through the 'Window'. At the same time, there's a bullish 'Hammer', so the broken 'Window' is likely going to act as resistance. If a pullback from this level happens little later on, there'll be a moment for another decline.

0905eurusdh1 (1).png

There's a 'Morning Star', so the market is likely going to test the 34 Moving Average in the coming hours. A pullback from this line could be a starting point for a downward price movement towards the next support.



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