RandyFuego

EURUSD 1D Short Opportunity

Short
FX:EURUSD   Euro / U.S. Dollar
We're now looking at a potential H&S pattern on the Daily chart. Event though the latest candles are very bearish, bullish volumes remain on the spot. We expect a pullback to retest 1.11104. Once we retests the previously broken price, we can look at shorting upon bearish signal below 1.11104. The likelihood of a H&S pattern forming here it's high based on the structure and the price's trajectory.

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