EUR/USD Bulls are Ready to Attack

Published: Nov 25, 2020, 08:38 UTC1min read
The EUR/USD is ranging but the range might soon be broken. EUR bulls are waiting for the right moment to spike the price up.
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The EUR/USD is ranging but the range might soon be broken. EUR bulls are waiting for the right moment to spike the price up.

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We can see the bullish inverted head and shoulders structure on H1 timeframe. If the market drops to D L4/78.6/99.6 zone we should see the bounce up. 1.1820-40 is the zone. Targets are 1.1868 followed by 1.1879 and 1.1898. Only below 1.1816 bears could try to reverse the price.

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