thedailychartist

EURUSD to re-test neckline of H&S pattern

FX:EURUSD   Euro / U.S. Dollar
Current rally has put our head & shoulder measured target (1.15) in significant doubt. If the neckline holds on this re-test, we could see a continuation lower but I'm less sure it will hit 1.15.

Overall trend is still up so let's see if a good buy setup materializes in the coming days or weeks.

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