EURUSD is approaching 1.185 which is both the September low, and a bearish move below a clear head & shoulders pattern.
1.2 has been the key level that marked the multi-year low before the 2016 sell-off, and the market has failed to break above this in September.
EURUSD would find buying pressure at 1.17, being the August low, and is my current price target.
1.2 has been the key level that marked the multi-year low before the 2016 sell-off, and the market has failed to break above this in September.
EURUSD would find buying pressure at 1.17, being the August low, and is my current price target.
Trade closed: target reached