EUR/USD: upper "Window" still on the table

Read the article on FBS website

EUR/USD: upper

There's a pullback from the lower "Window", but we've got a "Tower" at the last high. Therefore, the market is likely going to test the 21 Moving Average once again. If a pullback from this line happens, there'll be an opportunity to have another bullish price movement towards the next "Window".

EUR/USD: upper


The last "Shooting Star" has been confirmed, so bears are likely going to test the 89 Moving Average, which could be a departure point for an upward price movement. In this case, we could have a new local high in the coming hours.

Share with friends:

Similar

Latest news

Instant opening

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.