EUR/USD: bearish 'Engulfing' pattern
The market is likely going to test the nearest support at 1.1730. If a pullback from this level forms next, bulls will probably try to...
USD/JPY: bearish "Harami"
There's a bearish "Harami", which has been formed at the last local high. Considering confirmation of this pattern, the market is likely going to test the next lower "Window" soon.
We've got a "Harami" and an "Engulfing" patterns, which both have been formed on the 34 Moving Average. Therefore, the price is likely going to continue declining, which means we could have a new local low in the short term.
Galya Svetlova
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