Currency analyst

EUR/USD keeps pushing higher

On the daily chart one may see that the bulls managed to break resistance of 1.1175 and keep moving towards the 88.6% target of the "Bat" pattern (1.1370). Here's also the upper border of the rising trend channel. The level of 1.1175 is acting as support (previous resistance and 38.2%Fibo of the last descending wave).  


On H1 EUR/USD is forming "3 Indians" pattern . It may realize if the pair falls below the minimum of the second bar of the Indian (1.1170). Here's the middle of the previous short-term consolidation range that allows us to speak about potential "Fakeout-Shakout" pattern.  

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