EUR/USD: "Window" acted as support

EUR/USD: "Window" acted as support

2311eurusdH4.png

The 34 & 55 Moving Averages have acted as support, so the price is rising, cause there's still no any reversal pattern so far. In this case, the pair is likely going to test the nearest resistance area, which could be a departure point for a decline.

2311eurusdH1.png

There's no any bearish pattern so far. Also, the nearest "Window" has acted as support. Therefore, the market is likely going to continue moving up until any reversal candle model forms.

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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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