nomore925
Short

EURUSD bearish

FX:EURUSD   Euro Fx/U.S. Dollar
43 0 4
Expected re-tracement down towards 1.10405 as we spot a head and shoulders pattern on the daily chart . Fibonacci level of 0.0% has not been re-tested and this currency has shown weak behavior and has been rallying on the short-side. This will remain bearish until we see a break of the daily resistance at 1.14000.
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