As we can see on the chart, EURUSD is testing the important support level at 1.6000, and been tested several times. We can anticipate a head and shoulders pattern, for one more definite move up to probably 1.2000 level before any fall or continuation to the upside.Happy Trading, Traders.
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If u like the analysis and want future chart updates, please do help share the charts, like my page and leave your comments. Tq.
Kommentera:
Still on this trade, and looking for strong impulse to the upside. First target is set to 1.1850. Don't forget to break even on your trade as price can tend to reverse and take us out. Happy Trading.