EUR/USD: "Doji" set up bullish correction
There’s a “Harami” at the local high, but its confirmation is a quite weak. So, the price is likely going to test the nearest resistance once again. If we see a pullback from this level, bears will try to deliver a new low. As we can see on the Daily chart, we’ve got a “Harami” and a “Shooting Star” at the last maximum, so there’s a opportunity to have another downward price movement.
We’ve got a “Harami” and “Three Black Crows” at the last high. Also, there’s a strong support by the 21 Moving Average. Under this circumstances, the pair is likely going to test the closest resistance. However, sellers will probably try to return into the market afterwards.