TipTVFinance

EUR/USD – inverse head and shoulder on 1-hr chart

FX:EURUSD   Euro / U.S. Dollar
Pair’s recovery from the low of 1.0565 despite an upward revision of the US Q3 GDP and heightened uncertainty ahead of the Italian referendum suggests the technical recovery in the pair is likely to continue and the pair could move towards the inverse head and shoulder neckline level seen around 1.09.

On the downside, only a daily close below 1.0518 (Nov 24 low) would open doors for a sell-off towards 1.04 levels.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out