FBS Markets Inc.

EUR/USD: "Harami" pattern

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There's a bearish "Harami" at the last high. If this pattern confirms, the market is likely going to test the nearest support level. Anyway, bulls will probably try to push the price even higher afterwards.

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We've got a "Harami" pattern, so bears are likely going to test the 34 Moving Average during the day. Meanwhile, if a pullback from this line happens, we could have just another upward price movement.

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