linofx1

EURUSD: Intraday Bullish Reversal

Long
FX:EURUSD   Euro / U.S. Dollar
Last week, the EURUSD hit a significant level of support and formed an inverted head and shoulders pattern, which led to a bounce and a break of the neckline.

This indicates strong buying pressure and suggests that the market may continue to rise after retesting the broken structure.

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