EURUSD made a clear statement with a clean rejection off the resistance line @1.1808. Currently, what we are seeing is a retest of that level which I believe we will see a continuation in BEARISH movement. From a H1 timeframe, we can see a nice H&S formation which price level is retesting the neckline before we see a BEARISH fall. I will keep a good risk to reward for this pair and will be looking to TP near 1.1725 area.
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