EUR/USD: bullish "Inverted Hammer"

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EUR/USD: bullish

We’ve got a bearish “Three Methods” on the nearest “Window”. If this pattern confirms, this “Window” is likely going to be broken. In this case, bears will probably try to reach the closest support level in the short term.

EUR/USD: bullish

There’s a bullish “Inverted Hammer” on the closest “Window”, so bulls are likely going to test the 34 Moving Average. If a pullback from this line happens, there’ll be an opportunity to have a new local low.

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