See also
13.03.2023 05:03 PM
Black line- support trend line
EURUSD is trading around 1.07. In a previous analysis we noted the potential bearish patter of a head and shoulders formation. Price since then has not activated the bearish pattern as the neckline support was respected. Price bounced off the neck line support last week when it tested the 1.0525 support. Since then price is making new higher highs. Is this a right hand shoulder under formation? Recent price action has confirmed the importance of the black support trend line. As long as price is above this level bulls are still hoping for a move towards 1.09.
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.
We are sorry for any inconvenience caused by this message.
