FBS Markets Inc.

EUR/USD: bears went through "Window"

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EUR/USD: bears went through

The last “Shooting Star” and “Three Black Crows” pushed the market under the Moving Averages. Considering that there isn’t any reversal pattern so far, the price is likely going to continue moving down towards the nearest support.

EUR/USD: bears went through

The 144 Moving Average has acted as a resistance, so we’ve got a “Three Methods” pattern. Also, bears have broken the closest “Window”. In this case, the pair is likely going to continue falling down until any bullish pattern arrives.

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