EUR/USD: bulls going to reach upper "Window"
There’s a “Tweezers” at the local low, which has been confirmed enough, so bulls are likely going to deliver an upward correction in the short term. However, if we see a pullback from the nearest resistance, there’ll be an opportunity to have another decline. As we can see on the Daily chart, bears came back into the market because of the previously formed “High Wave” pattern. Considering that there isn’t any bullish pattern so far, the price is likely going to continue falling down.
We’ve got a local consolidation on the one-hour chart. Also, there’re a “Tweezers” and a “Hammer” at the last low, so the pair is likely going to test the nearest “Window”. If a pullback from this level happens, bears will probably try to deliver a new low.