EUR/USD: the flat is rich of candle patterns
The market has been moving up and down in the current flat's range. The price achieved the nearest resistance once again and started declining afterwards. We’ve got an “Engulfing Bullish” on the 21 Moving Average, so the market is likely going to reach this line again, but then bulls will have a chance to return. As we can see on the Daily chart, there're a “High Wave” and a “Hanging Man” at the last high, but they haven’t confirmed yet. So, today’s candle is probably going to be a bullish one.
There’s a flat in progress with a support by the 89 Moving Average. Therefore, we've got a “Shooting Star” at the last high, but also here’s a “Harami” on the Moving Average. So, the market is likely going to get a support on the 144 Moving Average. Considering a possible pullback from this line, the current uptrend is about to continue.