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.
Nota
If the cup and handle pattern is validated then the bull rally could continue and cover half of the size of the cup.
Nota
Your thumbs up and comments are much wanted and I am grateful to receive them.
Trade ativo
The price exited the lower limit of the channel and has respectfully made a strong bear rally.
Trade ativo
The price could move lower than January's low.
Trade ativo
But it could at the same time return in the 1.1020 - 1.1040
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