EUR/USD: 'Window' acted as resistance once again

EUR/USD: 'Window' acted as resistance once again

0407eurusdh4.png

There's a local bearish 'Harami', which has been confirmed enough. So, the market is likely going to test the nearest support at 1.1606, which could be a starting point for another bullish price movement towards the 89 Moving Average.

0407eurusdh1.png

The upper 'Window' acted as resistance once again, so we've got another 'Engulfing' pattern. At the same time, there's a bullish 'Harami', so we could have a local upward correction. Even so, the price is likely going to test the lower 'Window' (1.1606).

eur

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