EUR/USD: "Window" going to act as support again

EUR/USD: "Window" going to act as support again

EUR/USD: "Window" going to act as support again

The lower “Window” has acted as a support, so the market is likely going to test the 34 Moving Average in the short term. If a pullback from this line happens, there’ll be an opportunity to have a decline towards the “Window”, which could be a departure point for another bullish price movement.

EUR/USD: "Window" going to act as support again

We’ve got a bullish “Harami” at the local low. Considering a confirmation of this pattern, the price is likely going to get a resistance on the 55 Moving Average. If we see a pullback from this line, the lower “Window” is likely going to act as a support once again.



Latest news

GBP/USD: pound entered into channel Tenkan-Kijun

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.


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