EUR/USD: "Three Methods" pushed price lower
There’re a “Harami” and a “Doji” at the local high, which both have been confirmed. So, it’s likely to see another test of the 89 Moving Average in the short term. If a pullback from this line happens, bulls will probably try to reach the nearest resistance. As we see on the Daily chart, the last candle have been closed under the middle of the previously formed huge white candle, which is a strong bullish sign. So, if we see a pullback from the closest support, there’ll be an opportunity to have another upward movement.
We’ve got a consolidation, which brought a “Shooting Star” at the local high. Also, there’s a bearish “Three Methods” pattern. Therefore, the market is likely going to test the nearest support line once again.