EUR/USD: "Window" going to act as a support
There’s a possible “Shooting Star” at the local high. If it confirms, there’ll be an opportunity to have a decline towards yesterday’s “Window”. As we can see on the Daily chart, the last “Harami” pattern hasn’t been confirmed enough, so right after a local correction, bulls are likely going to deliver a new high.
We’ve got an “Engulfing” at the last high. If this pattern confirms, sellers are likely going to test the previously formed “Window”. However, if a pullback from the “Window” happens, bulls will be free to move on.