Euro - a cup of tea

Is the Euro forming a C&H pattern (bullish)


1. There appears to be a U shaped price movement from Mid March 2020 to June 2020.

2. The handle should be shallow , and ideally trace within 50% of the cup high , which seems to be the present case.


Trade is long

1. Enter at support - 1.1175

2. Target - Prior high ( and cup equal extension)

3. Stop - below 1.10

4. RR = 4