EUR/USD: 'High Wave' and 'Harami' pushed price higher
There's no any reversal pattern so far. In this case, after a short break, the pair is likely going to test the next resistance at 1.1784...
Gold (XAU/USD) ending a possible corrective move
Gold has been trading in a bearish tone below the 50 SMA at H1 chart following the US GDP data release during March 28th session. Currently, we’re seeing a corrective move to take place in favor of the overall bullish structure and if the XAU/USD pair touches the 65% Fibonacci level at 1324, it could gather momentum to resume the bullish bias towards the -23.6% Fibonacci area at 1368.
RSI indicator is in the oversold territory, calling for an imminent rebound.
Felipe Erazo
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EUR/USD: bullish 'High Wave' and 'Harami'
We should keep watching the next resistance at 1.1776 as an intraday target...
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