EUR/USD: the Strongest "Bearish Engulfing"
We've got a “Harami” and a “Doji” at the last high. Moreover, there’s a bearish candle under the 89 Moving Average, so the market is likely going to get a support on the nearest “Window”. As we can see on the Daily chart, there’re a couple of back candles right after the “Three Methods” pattern. Under this circumstances, today’s candle is going to be a black one.
After yesterday’s rally the price came back to Monday's “Window”. Considering a “Gravestone Doji”, it’s likely that the pair is going to decline towards the nearest support line.