EURUSD seems to be printing an Inverse Head and Shoulders(IHnS) which will be valid if price passes 1.04160 retest and continues with the take profit being 1.08826.
Alternatively, a sell could take place especially because its NFP week and price moves in a bipolar manner.For this to be valid, price would need to fall all the way to 1.03500 retest and then the sell would be ripe with the take profit being at 1.00291.
Alternatively, a sell could take place especially because its NFP week and price moves in a bipolar manner.For this to be valid, price would need to fall all the way to 1.03500 retest and then the sell would be ripe with the take profit being at 1.00291.
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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.