EUR/USD: "Window" acting as support

EUR/USD: "Window" acting as support

EUR/USD: "Window" acting as support

The lower “Window” is acting as a support, so there’s a developing “Three Methods” pattern. If it confirms, the market is likely going to reach the next resistance. If we any bearish pattern afterwards, there’ll be an opportunity to have a downward correction.

EUR/USD: "Window" acting as support

There’s a local correction, which is taking place on the one-hour chart. So, we’ve got a “Tweezers” at the last high. In this case, bears are likely going to test the nearest “Window”, which could be a departure point for another bullish rally. 




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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