EURUSD on its Daily Chart is trading a Cup & Handle Pattern. The price may have found Handle Low: 1.04811. AB=CD Bullish Pattern on its hourly chart could be supporting the idea of a bullish scenario for the upcoming weeks. Also price is currently trading 1.06398 above from its 50% Breakout: 1.07362/ Handle Low: 1.04811. Highly probable of a C&H Pattern Formation on a Daily Chart.
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.