Head and Shoulder Pattern formed on EURUSD

EURUSD Technical Pattern Analysis

EURUSD has moved up continuously without much retracement.

Now, EURUSD struggles to move up and it forms a Head and Shoulder Pattern in 4-hour chart.

We can expect a fall on EURUSD for making a correction.

During this correction, Profit booking carried out by the buyers of EURUSD.

This is the reason EURUSD have chances to fall down technically for making retracement.

FOREX GDP

Forex GDP team provides High Quality Forex signals services exclusively to all type of traders around the world. Each signal given with chart analysis that helps you to trade with confidence on your account. Forex GDP team worked with Major banks, Financial Institutions, Liquidity providers, Forex brokers in different job positions such as Equity Dealer, Fund Manager, Senior Market Analyst, Risk Manager and other major roles in Forex Trading Companies. Try free now to see the quality trades on your account.

FOREX GDP

Don't trade all time, trade forex only at best setup

X