scorpiomanoj
Long

EURUSD - Nice setup for a possible upmove

FX:EURUSD   Euro / U.S. Dollar
EURUSD             1.1895
Target 1.2087 plus
Stop 1.1775

Rationale:

1) Inverse H & S formation observed.
2) Price pierced past the neckline resistance level , which possibly could act as a support.
3) Price possibly forming cup and handle structure.

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