EUR/USD: bullish "High Wave"
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The 144 & 89 Moving Averages have acted as a resistance, so we’ve got a “High Wave” pattern. However, bulls are likely going to test the nearest “Window”, which could be a departure point for another decline.
The lower side of the nearest “Window” acted as a resistance, so there’s a “High Wave” pattern. Therefore, there’s an opportunity to have a local correction in the short term. The market is likely going to test the “Window” once again.