FX.co ★ vadlamudi | EUR/USD

EURUSD - Inverse Head & Shoulder - Buy

EURUSD has been in a continuous uptrend forming Higher Highs and Higher Lows. The inverse cup and handle pattern formation gives a clear sign for a bullish rally to continue $1.6500, which is also the next 4hr supply/resistance zone. Stoploss below the right shoulder taking a 1:1 risk to reward at TP1 and 1:2 at TP2. Going Long on EU.