Trade Idea
Continued downward momentum from 1.6231 resulted in the pair posting net daily losses yesterday.
Selling posted in Asia.
Previous support located at 1.6025.
Levels close to the 50% pullback level of 1.6327 found sellers.
A bearish Head and Shoulders is forming.
Trend line support is located at 1.6017.
The formation has a measured move target of...