Fxprotrader

Time For EURUSD To Retrace

Short
Fxprotrader Updated   
FX:EURUSD   Euro / U.S. Dollar
After an explosive rally EURUSD has completed a head and shoulders pattern which signals us to keep a closer eye for going short. We should wait for price to break below the neckline of the pattern and watch for a sell setup.

MACD bearish divergence adds to my decision selling this pair..
Comment:
This pattern is no more valid.. I just posted a new post still waiting for reversal
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