EUR/USD: "Mat Hold" is in progress
The price has been rising since a “Tweezers” formed on last Friday. It’s likely that we have a “Mat Hold” pattern in progress. The upper resistance is still on the table. As we can see on the Daily chart, there’s an “Engulfing Bullish” at the last low. Yesterday’s candle broke the 144 Moving Average line, so today's candle is probably going to be bullish as well.
There're a “Morning Star” and an “Engulfing Bullish”, which led to the current upward movement. A reversal “Deliberation” pattern hasn't been confirmed. We haven’t got any reversal pattern so far and it’s an opportunity for buyers to go on until any bearish pattern arrives.