EURUSD has formed a head and shoulders pattern and is now approaching the blue support zone. If the price breaks below this support level, it could signal a bearish move with the target set at the green line level.
📈 Technical Overview:
Pattern: Head and Shoulders
Support Zone: Blue area currently being approached.
🎯 Breakdown Target: Green line level upon confirmation of the breakdown
📈 Technical Overview:
Pattern: Head and Shoulders
Support Zone: Blue area currently being approached.
🎯 Breakdown Target: Green line level upon confirmation of the breakdown
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.