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EUR/USD: 'High Wave' and 'Harami' pushed price higher

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The last 'High Wave' and 'Harami' patterns pushed the price higher. Also, there's no any reversal pattern so far. In this case, after a short break, the pair is likely going to test the next resistance at 1.1784.

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The 55 Moving Average has acted as support, so the price is rising. Meanwhile, if a pullback from the nearest resistance at 1.1736 happens little later on, there'll be a moment for a decline towards the nearest support at 1.1691, which could be a starting point for another bullish rally.

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