EUR/USD Technical analysis

FX:EURUSD   Euro / U.S. Dollar
The counter formed a head and shoulder pattern and plunged initially.
However, it recovered to the neckline and formed a wedge pattern.
The resistance at the neckline proves that the downtrend is not over yet.
Also, the pair has made a bearish breakout out of the wedge .
Hence, we expect the pair to be bearish in the short-term.
@traderpulse, good call. I got out too early.
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