EUR/USD: price reached upper "Window"

EUR/USD: price reached upper "Window"


The price has reached the upper "Window", but there isn't any reversal pattern so far. So, there's an opportunity to have a local bearish correction. Meanwhile, if a pullback from the nearest support happens afterwards, there'll be an option to have another bullish rally.


There's a bearish "High Wave", but confirmation of this pattern isn't enough. In this case, the market is likely going to test the upper "Window" once again. If one more pullback from this levels happens, bears will probably try to reach the nearest support area.



EUR/USD: possible ending diagonal

We're likely going to have wave [iii] inside this pattern. So, we should keep an eye on +2/8 MM Level as the next bullish target...

USD/JPY: bearish "Harami"

The pair is likely going to test the upper "Window", which could be a departure point for a downward correction...


EUR/USD: "Double Top" pattern

Bulls faced with resistance at 1.2029, so the price is likely going to decline towards the nearest support area at 1.2003 - 1.1975...

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