EUR/USD: "Three Methods" pattern

EUR/USD: "Three Methods" pattern

3105eurusdh4.png

The price has been rising, so there isn't any reversal pattern so far. At the same time, the pair is likely going to test the nearest support level, which could be a departure point for another upward price movement.

3105eurusdh1.png

The last "Three Methods" pattern pushed the price higher, so we've got a new local high. If any bearish pattern arrives soon, there'll be time for a local downward correction.

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