EUR/USD: bulls and bears continue their battle near the "Window"
There’s a “Harami” at the last low, which has been confirmed. The nearest “Window” and the 21 Moving Average are acting as a support. Therefore, the market is likely going to reach the lower “Window” in the short term. As we can see on the Daily chart, we’ve got an “Engulfing”, but its confirmation isn’t enough. So, the middle of the last huge black candle will probably act as a support, which could be a starting place of the next bearish offensive.
We’ve got a local correction in progress. Previously, an “Engulfing” and a “Tweezers” have been formed. Considering a “Belt Hold” pattern, the market is likely going to reach the 89 Moving Average during the day.