Market analysis: Tata consultancy has broken the ascending triangle pattern structure in weekly time frame and formed a rising wedge in daily time frame. Also it has formed a double top in daily time frame. So we can wait for the market to break the neckline to start turning bearish. Can execute trades after the wedge or neckline breakout.
MARKET ANALYSIS: The pair is now trading inside a sideways market, With the support of a previous week major level. If the market is able to sustain below the daily support which was broken, we can expect the Euro-dollar to reach the weekly support again. So lets wait and see what the market does in the coming days. Cheers!
