EUR/USD: price reached upper "Window"

EUR/USD: price reached upper "Window"

2611eurusdH4.png

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.

2611eurusdH1.png

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

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