Have you seen the USD? It lost value against the EUR and JPY - a rare situation - grab it!
EUR/USD: "Three Methods" pattern
The last bullish "Harami" and "Engulfing" patterns led to the current upward price movement. If any bearish pattern forms in the short term, there'll be a moment for a bearish correction.
The nearest "Window" acted as support, so there's a "Three Methods" pattern. In this case, the market is likely going to continue moving up in the coming hours.
What are the key technical levels for the main pairs? Check the article to set yourself for this day's trends.
EUR/USD ran into resistance of the 100- and 200-week MAs at 1.1340 and slid towards 1.1100.
Risk-on pushed stocks and riskier currencies upward.
It’s simply the question of time before gold price gets to the higher levels…
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