EUR/USD: pullback from the upper 'Window'

EUR/USD: pullback from the upper 'Window'

1411eurusdH4.png

There's a pullback from the upper 'Window', so we've got a 'Harami' pattern. In this case, we should watch the next support at 1.1117 as an intraday bearish target. This level could be a starting point for a bullish correction.

1411eurusdH1.png

The 55 Moving Average acted as resistance, so there're bearish patterns such a 'Shooting Star' and a 'Harami'. So, after a short break, the pair is likely going to continue falling down towards another support at 1.1117.

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