EURUSD, “Euro vs US Dollar”
EURUSD has formed an Inverted Hammer reversal pattern on H4. At this stage, the signal from the reversal candlestick pattern may be followed by an ascending wave. The target for growth is the resistance level at 1.0840. However, the price might retrace to the 1.0770 level and continue the upward trend after testing support.
Origin: RoboForex
