EUR/USD: upper 'Window' acted as resistance

EUR/USD: upper 'Window' acted as resistance

2304eurusdH4 (2).png

There's a bearish 'Three Methods' pattern, so the price is declining. It's likely that the market is going to test the next support area, which could be a departure point for an upward correction.

2304eurusdH1 (2).png

The upper 'Window' acted as resistance, so all the last candles area bearish. There's no any reversal pattern so far, which means we should keep an eye on the nearest support area as an intraday target.

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EUR/USD: euro hung on Tenkan-Kijun

Narrowing bearish Ichimoku Cloud with rising Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen, but rising Tenkan-sen; the bulls could breakout the Kijun’s resistance.

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