EUR/USD: "Tweezers" and "Doji" patterns

EUR/USD: "Tweezers" and "Doji" patterns


The last bearish "Tweezers" and "Doji" patterns led to the current decline. Also, the price fixated under the Moving Averages. There's no any reversal pattern so far, so the market is likely going to continue falling down.


We've got bullish patterns such a "Tweezers" and a "Harami" at the last low, but they both remain unconfirmed. So, we could have just a local upward correction and another decline afterwards.



Latest news

GBP/USD: confirmed "Thorn" pattern

The last "Pennant" pattern has been broken, so bulls found resistance at 1.2915. Nevertheless, the market is likely going to move on, so we should...


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