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Hind_Hamid
Oct 19, 2017 8:57 PM

EURUSD technical analysis 

EUR/USDOANDA

Description

The pair hit the short selling target at 1.1740 and found a good amount of a support to rebound from it towards 1.1850.
as the buyers strengthen at this point, I think a break above 1.1835 may clear the direction to the upside to trigger 1.1900 handles.
however, keep in mind that the 1.1900 level could face a resisting action as the market is trying to form the right shoulder for the head and shoulder pattern on the daily chart.
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