EUR/USD: bearish "Doji" pattern

2018-03-13 20:01    FBS

EUR/USD: bearish "Doji" pattern Institution Opinions 1

The market is consolidating along the Moving Averages. Also, there's a "Shooting Star" pattern, so the pair is likely going to test the nearest support, which could be a departure point for a bullish price moment in the direction of the next resistance area.

EUR/USD: bearish "Doji" pattern Institution Opinions 2

There's a bearish "Doji" pattern, which hasn't been confirmed yet. Therefore, the price is likely going to test the closest support during the day. If any bullish pattern forms little later on, there'll be a moment for a local upward price movement.

EURPattern

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