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EUR/USD: 34 Moving Average acted as resistance

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The 34 Moving Average has acted as resistance, so there's a confirmed bearish 'Engulfing' pattern. In this case, it's likely that the price is going to test the lower 'Window' (1.1107), which acted as support a few days ago.

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There're bullish patterns such a 'Harami' and a 'Hammer', so the upper 'Window' (1.1333) is likely going to act as resistance once again. If a pullback from this level forms little later on, there'll be a green light for another decline towards 1.1214.

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