EUR/USD Forecast: 34 MA acted as resistance

EURUSD prognoz2The 34 Moving Average has acted as resistance, but there’s still no any reversal pattern.

Therefore, the market is likely going to test the 144 MA, which could be a departure point for a bullish price movement towards the nearest “Window”.

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There’s support by the lower “Window”, so we could have a local upward correction in the coming hours. Nevertheless, bears are likely going to deliver a new local low afterwards.

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