TipTVFinance

EUR/USD - left shoulder looks like a nice rounding bottom

FX:EURUSD   Euro / Dollar Américain
Pair's sharp recovery from the low of 1.0525 to a post ECB high of 1.0615 has put in place a higher lows formation, which suggests the spot could head higher to 1.0707 in the next couple of days.
Short-term bullish invalidation is seen if the spot breaks below 1.0525.
The left shoulder of the inverse head and shoulder looks like a nice rounding bottom formation. Also reminds of the bottoming out of USD/JPY pair ahead of US elections!

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.