EUR/USD: price reached the lower 'Window'

EUR/USD: price reached the lower 'Window'

0805eurusdh4 (1).png

Bears reached the lower 'Window', but there's still no any reversal pattern so far. So, after a short break, the market is likely going to continue declining until any bullish model arrives.

0805eurusdh1 (1).png

The last 'Shooting Star' led to form a new local low. It's likely that the market is going to test the upper 'Window' in the short term, which could be a departure point for another decline.



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GBP/USD: levels to trade

GBP/USD has been consolidating between 1.30 and 1.2770 for the past month. The pair met resistance at the resistance line connecting October and November highs.

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