After breaking down H&S support and making initial decline to 1.16,
EURUSD
is now bouncing back and trying to restest previous support level @~1.175, which now clearly acts as resistance
In addition, trading seems to be ocntained inside downward channel for now, and reaching its higher bound we got clear rejection.
I believe we are at good levels to attempt low risk short entry with possibility to see below 1.14
In addition, trading seems to be ocntained inside downward channel for now, and reaching its higher bound we got clear rejection.
I believe we are at good levels to attempt low risk short entry with possibility to see below 1.14