EUR/USD: "Window" acting as a support
2/8/2017
The price is continue declining, so bears faced a support on the lower “Window”. The market is likely going to try to break this “Window” in the short term. If any bullish pattern arrives afterwards, there’ll be an opportunity to have an upward correction.
We’ve got a developing bearish candle in a range of the “Window”. Also, there isn’t any reversal pattern so far. In this case, if we see a pullback from the “Window”, bulls will probably try to deliver a local correction.
More:
https://new.fxbazooka.com/analytics/12391