3-7 February 2020

Aktualisiert
UK's official exit on Friday made both the pound sterling and the euro strengthen against the dollar. The eurusd price moved to the neckline of what was H&S pattern on H4. That could slightly push the price downwards creating the handle of the newly sketched cup and handle pattern. And then up again.
Anmerkung
If the cup and handle pattern is validated then the bull rally could continue and cover half of the size of the cup.
Anmerkung
Your thumbs up and comments are much wanted and I am grateful to receive them.
Trade ist aktiv
The price exited the lower limit of the channel and has respectfully made a strong bear rally.
Trade ist aktiv
The price could move lower than January's low.
Trade ist aktiv
But it could at the same time return in the 1.1020 - 1.1040
Trade geschlossen: Stop wurde erreicht
For a better choice on this pair see this chart:
EURUSD 27-31 January 2020
Cup And HandleEURUSDeurusdlongeurusdshortSupport and ResistanceTrend Analysis

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