The EUR/USD pair has made a sudden pull back from it lows and has not yet violated the downtrend so far. Now it's currently trading in a critical zone and if it makes a bullish crossover, the downtrend will cease to exist , else the downtrend will only intensify. Keeping our fingers crossed. We advise traders to wait for our update.
@miket56, The cup and handle will not have V- shaped formations. So this is not definitely not a cup and handle pattern. Kindly follow our updates to know more