EUR/USD: market is sucked into correction bog
There’s a downward correction inside the main bullish trend on the four-hour chart. The last candles are bearish and there isn’t any bullish pattern so far, which makes possible an achievement of the 34 Moving Average. As we can see on the Daily chart, there’s a bearish “Harami”. If it confirms, bears are likely going to push the market lower.
The price hasn’t found a lodgement under the “Window” yet. So if any bullish pattern arrives in the short term, there’ll be an opportunity to see an achievement of the 21 & 34 Moving Averages.