EUR/USD: "Shooting Star" led to decline

EUR/USD: "Shooting Star" led to decline

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The last "High Wave" and "Shooting Star" patterns led to the current decline. It's likely that the market is going to test the closest support area, which could be a departure point for another bullish rally.

0903eurusdH1 (4).png

The price is consolidating under the Moving Averages. There's a "Hanging Man" pattern, so the pair is likely going to test the lower "Window" in the coming hours.



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GBP/USD: levels to trade

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