Just for education purpuse Its look like inverse head and shoulder patern on monthly chart thanks
The EURUSD attempted to push lower yesterday bottomed at 1.1704 but closed higher at 1.1772. We have 2 consecutive bullish pin bar printed on daily chart as you can see on my daily chart below, suggests a bullish scenario. The bias is bullish in nearest term testing 1.1850 – 1.1910 region. Immediate support is seen around 1.1750. A clear break below that area...
The EURUSD had a bearish momentum yesterday bottomed at 1.1715 but closed a little bit higher at 1.1752. The bias is bearish in nearest term testing the minor trend line support as you can see on my daily chart below which is a good place to buy with a tight stop loss below 1.1650 support area. Immediate resistance is seen around 1.1785. A clear break above that...