EUR/USD: "Harami" points to local correction
We’ve got a couple of bullish “Hammers” at the local lows. However, it’s likely to have a local bearish correction in the short term. If we see a pullback from the nearest support line, there’ll be an opportunity to have another upward price movement. As we can see on the Daily chart, yesterday’s candle has a huge shadow, so bulls are likely going to move on.
There’s a bearish “Hammer” at the local high, but this pattern hasn’t been confirmed yet. Therefore, the market is likely going to test the closest support line during the day.