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Forex Signal For EUR/USD: Inverted Head & Shoulders Pattern Forms

Forex Signal For EUR/USD: Inverted Head & Shoulders Pattern Forms Forex Signal For EUR/USD: Inverted Head & Shoulders Pattern Forms

Forex Signal For EUR/USD: Inverted Head & Shoulders Pattern Forms
Yazar: Ross Sutton

Yayınlanma: 26 Temmuz 2022 16:45

Güncellenme: 8 Kasım 2024 19:48

Forex Signal For EUR/USD: Inverted Head & Shoulders Pattern Forms

    Forex Signal For EUR/USD: Inverted Head & Shoulders Pattern Forms  

Bull Market Outlook

 
  • Take a buy stop at 1,0276 and a profit at 1,0400.
  • Add a stop-loss at 1,0150.
  • Timetable: 1-2 days.
 

Forex Signal For EUR/USD: Inverted Head & Shoulders Pattern Forms

 

Bear Market Outlook

 
  • Stop a sell at 1,0200 and take a profit at 1,0130.
  • Add a stop-loss at 1,0280
  While investors await the upcoming US consumer confidence data and the FOMC decision, and the EUR/USD stays in a tight range on Tuesday morning, the pair also reacted to the relatively weak German confidence data and Russia's decision to cut gas delivery via the Nord Stream 1 pipeline. It is trading at 1,0226, slightly below last week's high of 1,0276.   urusd-crispus-26072022  

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