EUR/USD: "Engulfing" inspire bears to heroism
There’s an “Engulfing” at the local high near the “Window’s” upper side. Therefore, the price is likely going to reach the lower side soon. As we can see on the Daily chart, here’s a “Thrusting Line” pattern, so today’s candle is probably going to be black.
We’ve got a “High Wave”, a “Tower” and a “Three Methods” near the 34 Moving Average. Under this circumstances, bears are likely going to deliver a new low in the short term.