There's a 'Harami' pattern, which has been confirmed. However, if a pullback from the closest support at 1.1550 happens next...
Tag - eur
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If the 144 Moving Average acts as resistance, the market is likely going to test the nearest support at 1.1558...
Narrowing bearish Ichimoku Cloud with horizontal Senkou Span A and B; a new golden cross of Tenkan-sen and Kijun-sen with horizontal lines.
We've got a bearish 'Engulfing', which hasn't been confirmed yet. So, the price is likely going to test the nearest resistance...
Let’s have a look at the events that will affect market moves.
On the daily chart of EUR/USD, bears couldn’t pull the pair below the support at 1.1445 (50% of the upward long-term wave). As a result, bulls took the initiative.
On the daily chart of EUR/GBP, bears managed to pull the pair to targets of the “Shakeout-fakeout” pattern and push it further to the bottom line of the long-term consolidation within 0.87-0.902.
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There's no any reversal pattern so far. In this case, the market is likely going to test the 144 Moving Average...
On the daily chart of EUR/JPY, the correction to the 4-5 wave within the implementation of the “Broadening wedge” pattern keeps going.