EUR/USD: "Doji" points to a bearish correction
The last bearish “Harami” hasn’t been confirmed, so we’ve got a “Three Methods” at the local high. There’s a huge possibility to see any kind on bearish pattern on the already achieved resistance line. However, the coming downward movement will be just a correction, so bulls still have enough power to deliver new highs afterwards. As we can see on the Daily chart, the last candles are bullish, so the today’s one likely won’t be an exception too.
There's a bullish rally in progress, but we've got a “Doji” at the last high, which points to a possible local correction. The main target is the middle of the last upward movement as well as the upper side of the previously formed “Three Methods” pattern.