EUR/USD: 'Three Methods' pattern

EUR/USD: 'Three Methods' pattern


There's still no any reversal pattern so far. At the same time, we've got a 'Three Methods' pattern, so the price is likely going to test the next resistance at 1.1756, which could be a departure point for a downward correction.


We've got a 'Hammer', which has been confirmed. In this case, we should keep an eye on the nearest resistance at 1.1756 as the next bullish target.



Latest news

USD/CHF may rise a bit

USD/CHF formed a “hammer” candlestick on the D1. The most recent price low wasn’t confirmed by the Awesome Oscillator on this timeframe.

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