Forex Signal For EUR/USD: Head-to-Shoulder Inverted Forms.
Forex Signal For EUR/USD: Head-to-Shoulder Inverted Forms.
The pair is likely to move higher as the bulls aim for a 50% retracement at 1,1717.
Bull Market Outlook
- Buy EUR/USD and take a profit at 1,1718.
- Add a stop-loss at 1,1600.
- Timetable: 1-2 days.
Forex Signal For EUR/USD: Head-to-Shoulder Inverted Forms.
Bear Market Outlook
- Set a sell-stop at 1,1617 and a take-profit at 1,1550.
- Add a stop-loss at 1,1700.
The EUR/USD pair was little changed on Monday morning as investors focused on the European Central Bank (ECB), which will meet again this week, and the pair remains trading at 1,1645, just below last week's high of 1,1670.
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