EUR/USD: "Window" acted as resistance

EUR/USD: "Window" acted as resistance

2612eurusdh4.png

The upper "Window" has acted as resistance, so the price is consolidating. Also, we've got a "Tower" pattern here. If the 55 Moving Average acts as support, there'll be an opportunity to have another upward price movement.

2612eurusdh1.png

It's likely to have an "Evening Star". So, the market is likely going to test the 89 Moving Average, which could be a departure point for another upward price movement.

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