Squawk / 30 November 2018 at 11:21 GMT
Professional Technical Analyst / BSH Advisory
India
Euro Technical Update and trading opportunity:: Eurusd currently trading at 1.1370 with a day low at 1.1356 which the day could limit at 1.1340-50 downside. As shown in the chart we have had observed a inverted head and shoulder pattern in 4hr chart, currently right shoulder is in the formation with trying to form a base to shoot upside till the neckline level at 1.1460. If we see a break there, we can see the price straightly to till 1.1660-70 as per pattern calculation. So overall we suggest is to wait for one hour candle to close above 1.1350 for now then can go for buying till 1.1450 upside. Buying is advised as per this.

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BSH Advisory

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