Potential Bullish move for EURUSD.
EURUSD is forming a potential inverse Head and Shoulders pattern on the 1/4 hour timeframe, indicating a bullish projection toward 1.08829.
A validate breakout above the neckline closing above 1.06095 is ideal. A breach of the neckline could trigger momentum toward the projected target which is last month open price, while failure to sustain key levels may result in deeper retracements.
A validate breakout above the neckline closing above 1.06095 is ideal. A breach of the neckline could trigger momentum toward the projected target which is last month open price, while failure to sustain key levels may result in deeper retracements.
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