umer71

EURUSD SHORT OPPORTUNITY

Short
OANDA:EURUSD   Euro / U.S. Dollar
AFTER THE FORMATION OF HEAD & SHOULDERS, THERE HAS BEEN A BREAKOUT OF A TRENDLINE, WHERE I EXPECT THE PRICE TO FALL TO 1.13200-1.13100 LEVEL WHERE IT REPRESENTS A MAJOR SUPPORT AREA. ALTERNATIVELY, WE MAY SEE A RETEST TO THE TRENDLINE BEFORE CONTINUING A DOWN-SLOPE.
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