EUR/USD nears inverse head and shoulder neckline
For one month now, I have been calling for a possible inverse head and shoulder on the EUR/USD chart.
It has finally happened. The spot is just a few pips away from the neckline hurdle seen around 1.08 levels.
A daily close above the same gives us an upside target of 1.13 (measured height method). However, treasury yields are on the rise, plus we have 200-DMA positioned around 1.09 and the psychological resistance at 1.10
It has finally happened. The spot is just a few pips away from the neckline hurdle seen around 1.08 levels.
A daily close above the same gives us an upside target of 1.13 (measured height method). However, treasury yields are on the rise, plus we have 200-DMA positioned around 1.09 and the psychological resistance at 1.10
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.