FXTechs

Higher High Complicates but Head & Shoulder Still Valid

Short
FX:EURUSD   Euro / U.S. Dollar
EURUSD breached 1.14 last week but appears to be a false breakout - the Head & Shoulders setup could still be valid. Look to short a lower high between 1.13 and 1.14 with a stop above 1.1465. More conservative traders would wait for a break of the ascending neckline. Break above 1.1465 invalidates.

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