EUR/USD: Moving Averages going to act as resistance
We’ve got a confirmed “Doji” at the last low, which led to the current upward correction. Therefore, the market is likely going to test the 13 Moving Average in the short term. As we can see on the Daily chart, there isn’t any reversal pattern so far, which means bears will probably move on.
There’s a bullish “Harami”, so the price is likely going to reach the nearest 34 Moving Average, which could act as a resistance. If a pullback from this line happens, there’ll be an opportunity to have another decline.