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EUR/USD: bullish "Engulfing"

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The price got support by the lower "Window", so we've got a bullish "Harami" pattern, which has been confirmed enough. Therefore, the market is likely going to test the 55 Moving Average line, which could be a departure point for another decline.

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We've got a bullish "Engulfing", which hasn't been confirmed yet. So, the price is likely going to continue moving up until any bearish pattern arrives.

FBS Analyst Team

FBS Analyst Team

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