Trade_Point

EURUSD Bearish Outlook

Short
OANDA:EURUSD   Euro / U.S. Dollar
After this pair made a very impulsive up move, it formed a head and shoulders pattern giving a hint for the top of the price. Now, price broke out to the downside and pulled back up and is looking to retest the neckline which coincides with the 61.80% Fibonacci retracement level.

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