EUR/USD: "Harami" points to a possible new low
We’ve got a “Doji” and a “High Wave” at the last high, which both have been confirmed. Therefore, the market is likely going to test the nearest “Window” once again. If we see a pullback from this level, there’ll be an opportunity to have another upward price movement. As we can see on the Daily chart, the pair has been declining since a “Harami” was formed at the last high. So, it’s likely that we’re going to see the second test of the closest support line.
There’re a “High Wave” and a “Long Shadow” patterns, which all have a confirmation. Moreover, there’s a resistance by the 55 Moving Average, so the market is likely going to reach the next support line.