EURUSD has come to our attention because of the USD Index rejecting the highs. As we know the USD Index
is weighted heavily to the Euro and if the price moves lower here we should see EURUSD prices move higher.
The 4hr timeframe is highlighting an inverse head and shoulders pattern forming and if we were to see the pattern
complete with a neckline break and re-test we could look for long opportunity.
is weighted heavily to the Euro and if the price moves lower here we should see EURUSD prices move higher.
The 4hr timeframe is highlighting an inverse head and shoulders pattern forming and if we were to see the pattern
complete with a neckline break and re-test we could look for long opportunity.