This currency pair is at a support level. Prices had rejected that zone several times.
Although the structure looks like a head and shoulder pattern, the support level hasn't been broken yet therefore an opportunity to buy is the best choice.
The profit target should be the first resistance level.
DISCLAIMER
The signals provided by LeoFX are for informational purposes only and do not constitute investment advice. We do not guarantee the accuracy, completeness, or timeliness of the signals, and we are not responsible for any losses or damages arising from the use of our signals.
Although the structure looks like a head and shoulder pattern, the support level hasn't been broken yet therefore an opportunity to buy is the best choice.
The profit target should be the first resistance level.
DISCLAIMER
The signals provided by LeoFX are for informational purposes only and do not constitute investment advice. We do not guarantee the accuracy, completeness, or timeliness of the signals, and we are not responsible for any losses or damages arising from the use of our signals.
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