Forex Signal EUR/USD: Inverted C&H Trend and Rising Wedge Patterns Form
Forex Signal EUR/USD: Inverted C&H Trend and Rising Wedge Patterns Form
There is a possibility that the pair will pull back in the coming days.
Bear Market Outlook
- Sell the EUR/USD pair and take a profit at 1,0450.
- Add a stop-loss at 1,065.
- Timetable: 1-3 days.
Forex Signal EUR/USD: Inverted C&H Trend and Rising Wedge Patterns Form
Bull Market Outlook
- Set a buy stop at 1,0600 and a take profit at 1,0670.
- Add a stop-loss at 1,0525.
The EUR/USD pair moved up with the Fed's pre-Congress statement, climbing to 1,0610, its highest point since Friday last week. It has jumped more than 2% from its lowest point this week.
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