EURAUD FORMING INVERTED HEAD AND SHOULDER PATTERN

30 May

EURAUD FORMING INVERTED HEAD AND SHOULDER PATTERN AFTER A DOWNTREND.
EURAUD was forming bearish trend structure in last few sessions.
A breakout can be shown to the bearish trend structure.
An Inverted Head and Shoulder given a breakout on higher side.
Market is showing buyers strength by forming bullish candles.
Market is expected to rise in upcoming sessions.
Price may rise to the levels of 1.7860 and further in upcoming sessions.
On lower side price may test the resistance level of 1.7460.

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