EUR/USD: 'Shooting Star' and  'Harami'

EUR/USD: 'Shooting Star' and 'Harami'


There's a bearish 'Tower', which has been confirmed. Also, we've got no any reversal pattern so far, which means the market is likely going to test the nearest support at 1.1575. A pullback from this level could be a departure point for a bullish price movement.


There're bearish patterns such a 'Shooting Star' and a 'Harami', which both have confirmation. So, the pair is likely going to test the closest support at 1.1575 in the coming hours.




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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