EUR/USD: price rising because of bullish 'Hammer'

EUR/USD: price rising because of bullish 'Hammer'

2205eurusdh4 (1).png

The last bullish 'Hammer' has been confirmed, so the price is rising. It's likely that the market is going to test the upper 'Window', which could be a starting point for another decline.

2205eurusdh1 (1).png

The price is rising because of the last 'Morning Star' pattern. Also, there's a bullish 'Engulfing'. So, after a short break, the pair is likely going to continue moving up.




EUR/USD: euro hung on Tenkan-Kijun

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.

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