EUR/USD: 34 Moving Average acted as resistance
It's likely that the price is going to test the lower 'Window' (1.1107), which acted as support a few days ago...
EUR/USD: price reached the 34 MA
The price reached the 34 Moving Average, but there isn't any reversal pattern so far. In this case, bulls are likely going to test the 89 MA in the short term. If a pullback from this line happens, we could have just another decline.
The last "Three Methods" pattern has acted as support. At the same time, we don't have any bearish candle pattern for now. In this case, the upward correction is likely going to move on until any reversal pattern forms.
Galya Svetlova
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