There was a notable reversal in the stock market on Wednesday. Have you noticed the reversal chart patterns?
EUR/USD: price to test the nearest support
There's a bearish 'Shooting Star', which has been confirmed, so the price is likely going to test the nearest support at 1.1654. If a pullback from this level happens little later on, there'll be a moment to have another bullish price movement towards the upper 'Window' (1.1815).
The 89 Moving Average has acted as support, but there's no any bullish pattern so far. In this case, the market is likely going to test the lower 'Window' (1.1679) once again in the coming hours.
The USD made decisive moves mostly with the exotic currencies - let's have a look to prepare for new market entries.
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