Koyejo

EURUSD Swing Short

Short
FOREXCOM:EURUSD   Euro / U.S. Dollar
After a break below support on the daily TF, this pair has now approached this level for a test. I expect this pair to reject the level as resistance before continuation to the downside and creation a lower low on the daily TF. On the 4hr TF, the pair is forming a head and shoulder at the area where daily resistance is expected. This chart pattern presents a good entry opportunity at confluence area with target taken from daily TF.

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