EUR/USD: 'Shooting Star' still unconfirmed

The last 'Shooting Star' is still unconfirmed, so the market is likely going to test the nearest resistance at 1.1645. A pullback from this level could be a starting point for a decline to 1.1543.

There's a 'High Wave', which has been formed above the Moving Averages. Meanwhile, if we have a pullback from 1.1645 little later on, there'll be a green light for a decline in the direction of the next support at 1.1543.