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    EUR/USD: candlestick analysis

    EUR/USD: candlestick analysis

    There’re a “Hammer” and a “Harami” at the last minimum. It’s likely to see an upward correction to the “Three Methods” resistance area. The price might start falling down afterwards until any bullish pattern arrives. As we can see on the daily chart, here's a “High Wave” without a confirmation, so the market are probably going to the nearest support line.

    EUR/USD: candlestick analysis

    We’ve got  a “Hammer” and a “Tweezers” at the last low under the “Window” resistance area. It's likely to see the following upward movement towards the 55 Moving Average line, but then bears might come back to the market.

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