EUR/USD: "Window" acting as support

EUR/USD: "Window" acting as support

EUR/USD: "Window" acting as support

There’s a support by the lower “Window”. Also, we’ve got a developing “Hammer”, but the last bearish “Three Methods” is still on the table. Therefore, the market is likely going to test the 144 Moving Average, which could be a departure point for another decline.

 

EUR/USD: "Window" acting as support

Bears have reached the “Window”. It’s likely that we’re going to have a “Harami” pattern during the day. If so, there’ll be an opportunity to have an upward correction in the direction of the 34 Moving Average.

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