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Forex Signal For EUR/USD: Head and Shoulders Curve Indicates Increasing Negativity

Forex Signal For EUR/USD: Head and Shoulders Curve Indicates Increasing Negativity Forex Signal For EUR/USD: Head and Shoulders Curve

Forex Signal For EUR/USD: Head and Shoulders Curve Indicates Increasing Negativity
Yazar: Ross Sutton

Yayınlanma: 17 Ekim 2022 14:55

Güncellenme: 16 Kasım 2024 06:47

Forex Signal For EUR/USD: Head and Shoulders Curve Indicates Increasing Negativity

    Forex Signal For EUR/USD: Head and Shoulders Curve Indicates Increasing Negativity  

Bear Market Outlook

 
  • Sell ​​the EUR/USD pair and take a profit at 0,9600.
  • Add a stop-loss at 0,9820.
  • Timetable: 1-2 days.
 

Forex Signal For EUR/USD: Head and Shoulders Curve Indicates Increasing Negativity

 

Bull Market Outlook

 
  • Set a buy stop at 0,9800 and a take profit at 0,9900.
  • Add a stop-loss at 0,9700.
  The EUR/USD price continued its downward trend Monday morning as the focus shifted to US housing and UK inflation data. It fell to 0,9723, from 1,57%, the October 5 high.   eurusd17102022  

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