EUR/USD: 'Shooting Star' on the 89 Moving Average
The main intraday target is the next support at 1.1237. The subsequent pullback from this level could be a starting point for...
USD/JPY: bullish "Engulfing" pattern
The price reached the 89 Moving Average, but there isn't any reversal pattern so far. In this case, bulls are likely going to reach the next "Window", which could be a departure point for a downward correction.
The last bullish "Engulfing" pattern pushed the price even higher. Also, there isn't any reversal pattern, cause all the last candles are bullish. So, the market is likely going to continue moving up in the short term.
Galya Svetlova
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