FBS Markets Inc.

EUR/USD: "Tweezers" and "Doji" patterns

Read the article on FBS website

2310eurusdh4-1.png

The last bearish "Tweezers" and "Doji" patterns led to the current decline. Also, the price fixated under the Moving Averages. There's no any reversal pattern so far, so the market is likely going to continue falling down.

2310eurusdh1-1.png

We've got bullish patterns such a "Tweezers" and a "Harami" at the last low, but they both remain unconfirmed. So, we could have just a local upward correction and another decline afterwards.

Share with friends:

Similar

Latest news

Instant opening