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EUR/USD – Potential Head & Shoulder on daily chart

FX:EURUSD   Euro Fx/U.S. Dollar
Despite the bullish break from falling channel on the daily chart , the subsequent repeated failure to extend gains above 1.1270-1.13 suggests prices could complete head and shoulder formation by retreating to the neckline support around 1.1164 levels.

The daily RSI too could end up with a head and shoulder formation of its own.
mgiuliani
2 months ago
Interesting view, thank you.
This is mine:

EURUSD

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