EUR/USD: pullback from the upper 'Window'

EUR/USD: pullback from the upper 'Window'

2019-11-11 • Updated


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.


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.


EUR/USD Hit All Targets
EUR/USD Hit All Targets

4H Chart  Daily Chart  EURUSD managed to rise further on Friday inline with our expectations, reaching our entire targets mentioned in our previous notes at 1…

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