EUR/USD: "Doji" calling bulls for a local correction
There’s a possible “Harami” on the current “Window”, so the price is likely going to test the lower side of the neighbor “Window”. If a pullback from this level appears afterwards, there’ll be an opportunity to see the market lower. At the same time, here’s a “High Wave” on the Daily chart , but this pattern hasn’t been confirmed. So, the market is probably going to decline towards the nearest support line.
Bears have got a resistance by the lower side of the nearest “Window”. However, we’ve got a “Doji”, which points to a possible local upward movement in the direction of the 89 Moving Average. If a pullback from this line happens afterwards, sellers will likely try to return into the market.