When the EURUSD 4-hour chart is examined; It is observed that the price movements continue with the formation of an inverted shoulder-head-shoulder formation on the trend line. As long as the EURUSD level of 1.10548 is not broken down, it is evaluated that in price movements above 1.11231, it can cross the level of 1.12007 and target the level of 1.12886.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.