EUR/USD: bullish correction is coming
2/21/2017
The last “Three Methods” pattern led to the current decline. Considering that there isn’t any reversal pattern so far, the market is likely going to test the nearest support, which could a departure point for a local bullish correction.
The price has found a lodgement under the “Window”. So, bears are likely going to test the next support. If a pullback from this level happens, there’ll be an opportunity to have an intraday correction.
More:
https://new.fxbazooka.com/analytics/12577
2/21/2017
The last “Three Methods” pattern led to the current decline. Considering that there isn’t any reversal pattern so far, the market is likely going to test the nearest support, which could a departure point for a local bullish correction.
The price has found a lodgement under the “Window”. So, bears are likely going to test the next support. If a pullback from this level happens, there’ll be an opportunity to have an intraday correction.
More:
https://new.fxbazooka.com/analytics/12577