KN_FXtrader
Long

EUR/USD Technical Analysis

FX:EURUSD   Euro/U.S. Dollar
As you see the resistance of 1.1287 is keeping the price down. There is a possible H-S pattern. In my opinion the support area of /1.10521.1093 is looking very strong and the price won't move down from this level. The negative macro data of US would also help not to go down this level. So i think the price could reach again the area of 1.1393/1.1445 and then we should wait to see the buyers' power...
100% Adjectly Analysis.I think if EUR-USD break 1.1466 area then we can touch 1.1515-30 immidiate terget.From 1.1419 is our entry point sl below 1.1386
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Good analysis ! To forecast a long when this is a potential H & S is quite good. I wish I had seen your analysis earlier. Someone pointed out that if you look closely, you can actually see an inverted H&S.
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KN_FXtrader DerekUweri71
thnx
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Agree
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