EUR/USD Technical analysis

FX:EURUSD   Euro / U.S. Dollar
After forming an inverted head and shoulder pattern, EUR/USD consolidated within a narrow range of 1.13200-1.13650.
It then made a bullish breakout and is currently retracing to test the broken resistance.
We expect the broken resistance to hold support and the pair to remain bullish .


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.