GBP/USD: 89 Moving Average acted as support
There's a 'Thorn' pattern, which has been confirmed. In this case, it's likely that the pair is going to test...
EUR/USD: 'Window' acted as resistance once again
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.
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).
Galya Svetlova
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