This pair is Testing Resistance which lies on the 50% mark on the Fibonacci Retracement Tool.
1.31000 is a common support area and has been previously rejected
we have thus seen a Inverted HEAD & SHOULDERS formation
I foresee further gains in the EURO.
Entry at 1.14500
Stop Loss at 1.13650
Take Profit at 1.16000
1.31000 is a common support area and has been previously rejected
we have thus seen a Inverted HEAD & SHOULDERS formation
I foresee further gains in the EURO.
Entry at 1.14500
Stop Loss at 1.13650
Take Profit at 1.16000