EUR/USD: 55 Moving Average acted as support

2018-04-16 22:01    FBS

EUR/USD: 55 Moving Average acted as support Institution Opinions 1

The 89 and 55 Moving Averages have acted as support, so there's a 'Three Methods' pattern. In this case, the pair is likely going to test the next resistance area.

EUR/USD: 55 Moving Average acted as support Institution Opinions 2

There's still no any reversal pattern so far. However, if we have any bearish model in the coming hours, there'll be an opportunity to have a correction. Even so, bulls will probably try to reach the upper 'Window' afterwards.

EURMoving Average

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