EUR/USD: 'Shooting Star' pattern

EUR/USD: 'Shooting Star' pattern

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The 34 & 55 Moving Averages acted as resistance, so there's a bearish 'Shooting Star' pattern. Also, there's a bearish 'Three Methods', so the market is likely going to continue falling down in the short term.

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There's a 'Shooting Star' pattern, which has been formed on the 144 Moving Average. In this case, we should keep an eye on the lower 'Window' as a possible intraday target.



Latest news

GBP/CAD is insatiable

GBP/CAD has broken above the ascending triangle, which is now providing support in the 1.7100/1.7060 area.

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