EURUSD is approaching major resistance around 1.18800 levels. Start looking for signals to short this pair as it has formed the top of the right shoulder formation of a head and shoulders pattern. On the daily RSI is extremely over bought and approaching over bought territory on the daily.
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.