The EURUSD chart forms a significant head and shoulders pattern following a test of an important daily resistance level.
Breaking below the neckline of this pattern indicates a strong potential for a bearish reversal.
I believe the market will continue to decline, with the next target likely being 1.1225.
Breaking below the neckline of this pattern indicates a strong potential for a bearish reversal.
I believe the market will continue to decline, with the next target likely being 1.1225.
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Join our Telegram channel for daily market update 👇👇
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
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.