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

FX:EURUSD   Euro / U.S. Dollar
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!
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