EUR/USD: there isn't any reversal pattern

EUR/USD: there isn't any reversal pattern


The price reached the 89 & 144 Moving Averages, but there isn't any reversal pattern so far. In this case, the current bearish correction is likely going to move on towards the 55 Moving Average.


We still don't have any confirmed reversal pattern, so the pair is likely going to test the upper "Window" in the coming hours. If a pullback from this level happens, we could have just another local decline.



EUR/USD: possible ending diagonal

We're likely going to have wave [iii] inside this pattern. So, we should keep an eye on +2/8 MM Level as the next bullish target...


EUR/USD: "Double Top" pattern

Bulls faced with resistance at 1.2029, so the price is likely going to decline towards the nearest support area at 1.2003 - 1.1975...

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