As we mentioned in our previous post, 1.18700 is a strong resistance for EUR/USD.
Now, it has formed a head and shoulder at the zone and is coming strongly.
The next support is only at 1.17500 and we expect a free ride to bears till then.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.