EUR/USD: confirmed 'Shooting Star'

2019-01-09 23:02    FBS

EUR/USD: confirmed 'Shooting Star' Institution Opinions 1

There's a bearish 'Doji' pattern, which has confirmation, so the market is likely going to test the Moving Averages. If a pullback from these lines happens next, there'll be a moment for another bullish price movement towards the next resistance at 1.1519.

EUR/USD: confirmed 'Shooting Star' Institution Opinions 2

We've got a confirmed 'Shooting Star', which has been formed under the previously tested resistance. In this case, it's likely that the pair is going to reach the lower 'Window' (1.1395) within the next few hours.


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