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    EUR/USD: “Tweezers” turned into the correction

    EUR/USD: “Tweezers” came to the correction

    There're a couple of bearish patterns at the last high such a “High Wave” and a “Tweezers”. The current correction is likely going to reach the nearest support line. As we can see on the Daily chart, here’s a “Harami”, but it hasn't confirmed yet. So, the upward movement is probably going to resume after the downward correction ends.

    EUR/USD: “Tweezers” came to the correction

    We’ve got a “Tweezers’, a “Shooting Star” and a “Harami”, which led to the current correction. It’s likely that we will see any kind of bullish pattern on the 34 Moving Average line. At the same time, after a local upward correction finishes, bears will probably taste the nearest support line.


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