There’s a “V-Top” pattern, so the price reached the Moving Averages. It’s likely that the market is going to reach the nearest support area at 1.1772 – 1.1757 in the short term. If a pullback from these levels happens little later on, we could have another upward price movement.
We’ve got a “Triple Top”, so the price is consolidating. The main intraday target is the closest resistance at 1.1819 – 1.1831. If a pullback from these levels happens, we could have a decline in the direction of the next support at 1.1780 – 1.1767.
EUR/USD H4
EUR/USD H1
