UK's official exit on Friday made both the pound sterling and the euro strengthen against the dollar. The eurusd price moved to the neckline of what was H&S pattern on H4. That could slightly push the price downwards creating the handle of the newly sketched cup and handle pattern. And then up again.
Bình luận:
If the cup and handle pattern is validated then the bull rally could continue and cover half of the size of the cup.
Bình luận:
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Giao dịch đang hoạt động:
The price exited the lower limit of the channel and has respectfully made a strong bear rally.
Giao dịch đang hoạt động:
The price could move lower than January's low.
Giao dịch đang hoạt động:
But it could at the same time return in the 1.1020 - 1.1040
Đóng lệnh: dừng lỗ:
For a better choice on this pair see this chart:
