EUR/USD: "Doji" inside the "Window" has stopped the bearish rally
There’s a bullish “Doji” at the local low, which has been confirmed. Therefore, the market is likely going to reach the 21 Moving Average. If we see any bearish pattern on this line, a downward movement becomes possible. As we can see on the Daily chart, there’s a bearish “Three Methods” pattern, so the price is free to reach the nearest support.
We’ve got a correction inside the main bearish trend. Previously, two “Hammers” was formed at the local low. So, firstly the market is likely going to achieve the 21 Moving Average. At the same time, it’s likely possible that bulls are going to continue the current correction.