EUR/USD: "Window" acted as support

EUR/USD: "Window" acted as support

1810eurusdh4-1.png

The price is consolidating, but bulls are likely going to test the 34 Moving Average in the short term. If a pullback from this line happens, we could have a decline towards the nearest support.

1810eurusdh1-1.png

The lower "Window" has acted as support, so we should keep an eye on the Moving Averages as an intraday target. These lines could be a departure point for just another decline.

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EUR/USD: "Double Top" pattern

Bulls faced with resistance at 1.2029, so the price is likely going to decline towards the nearest support area at 1.2003 - 1.1975...

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