EUR/USD: "Window" going to act as resistance

EUR/USD: "Window" going to act as resistance

1605eurusdh4-1.png

We've got a bullish "Three Methods" pattern, so the price is likely going to test the upper "Window". If any bearish pattern arrives afterwards, there'll be an opportunity to have a downward correction.

1605eurusdh1-1.png

Bulls have broken a "Window", so the price is rising. Also, there isn't any reversal pattern so far, which means we could have the market even higher. However, if a pullback from the closest resistance happens, bears will probably try to deliver a correction.

eur

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