FOREXCOM:EURUSD   Euro / U.S. Dollar
Pendant pattern forming on the 1H chart. Looking for a break in either direction for entry. A retest would be the best entry after price breaks either up or down. After price breaks through it still has either support or resistance so be patient. Upside targets around 1.1380 downside target would be 1.1113 for first target and around 1.1025 for the next. Considering price has made a new low and broke through previous support at 1.1113 we can possibly see a continued downtrend and price falling lower than 1.1000.
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