EUR/USD: "Shooting Star" at the local high

EUR/USD: "Shooting Star" at the local high

0210eurusdh4-1.png

There's a "Shooting Star", which has been formed at the last local high. This pattern has been confirmed, so the pair is likely going to decline towards the nearest support level.

0210eurusdh1-1.png

The last bearish "Three Methods" pattern led to the current decline. Also, there isn't any reversal pattern so far. In this case, the market is likely going to continue moving down during the day.

eur

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