Technical analysis of NZD/CHF
EUR/USD: 'Shooting Star' led to decline
There's still no any reversal pattern, so the market is declining. However, if a pullback from the nearest 'Window' happens little later on, there'll be a moment to have an upward correction.
The last 'Shooting Star' led to the current decline. Also, there's a bearish 'Three Methods' pattern. In this case, we should keep an eye on the next 'Window" as an intraday target.
If we see a pullback from the lower 'Window', the pair is likely going to test the nearest Moving Averages...
Bearish Ichimoku Cloud with falling Senkou Span A and rising Senkou Span B; a dead cross of Tenkan-sen and Kijun-sen with falling lines.
The picture on W1 looks very much like the “Head and Shoulders” with the neckline at 3.68 or 3.56.