EUR/USD – Potential Head & Shoulder on daily chart
Despite the bullish break from falling channel on the daily chart, the subsequent repeated failure to extend gains above 1.1270-1.13 suggests prices could complete head and shoulder formation by retreating to the neckline support around 1.1164 levels.
The daily RSI too could end up with a head and shoulder formation of its own.
The daily RSI too could end up with a head and shoulder formation of its own.
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