EUR/USD: resistance by the upper "Window"

EUR/USD: resistance by the upper "Window"


There's resistance by the upper "Window", so we've got a bearish "Tweezers", which has been confirmed. Therefore, there's an opportunity to have a correction in the direction of the 34 Moving Average, which could be a departure point for another bullish price movement.


We've got a bearish correction, which is taking place on the one-hour chart. However, there's a "High Wave", so bulls are likely going to deliver a local upward correction. Nevertheless, the main intraday target is the 144 Moving Average, so we could have the market even lower.



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GBP/USD: confirmed "Thorn" pattern

The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...


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