SuperForex

Pair is dropping

Short
FX:EURUSD   Euro / U.S. Dollar
On the chart, we observe that the pair completed the head and shoulders pattern and moved away from the 1.1345 mark. At the moment, we are seeing a correction of the downward movement and the pair moved higher to the 1.1360 mark.

Technical indicators give a sell signal. Therefore, we advise you to take short positions in the pair and set take profit near the levels of 1.1310 and 1.1270.

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