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EUR/USD potential head and shoulders pattern closer to completion. RSI is indicating a divergence that needs to be completed by a price breakout. Friday’s bullish range breakout on the 4 hour timeframe could be the key. Last Friday saw the EUR/USD pair to break out of range with significant volume. The popular pair has almost completed Read More …
EUR/USD could reverse on potential reverse head and shoulders pattern. RSI is indicating a divergence that needs to be completed by a price breakout. High volume on the right of the pattern is supportive of correction thesis. While the EUR/USD has been slipping downwards during the last couple of months several indications show that the end could Read More …
EUR/USD has moved in a bearish channel during the last couple of months RSI is indicating a divergence that needs to be completed by a price breakout Possible head and shoulders pattern needs to be confirmed by price breakout too While the EUR/USD has been slipping downwards during the last couple of months several indications show Read More …
