I see value here in buying EUR/USD Pair around 1.0720 Target 1.0780 Stop loss 1.0690
Rationale
Draghi's dovish comments failed to keep the pair below 1.07.
On hourly chart, we have an inverted head and shoulder formation with neckline resistance around 1.0777.
Rationale
Draghi's dovish comments failed to keep the pair below 1.07.
On hourly chart, we have an inverted head and shoulder formation with neckline resistance around 1.0777.
Trade closed: target reached
Target achieved, Profits booked
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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.