EURUSD: Time to Fall! Here is Why: 🇪🇺🇺🇸

31 Jan 2023

Update for EURUSD.
Earlier, we spotted a slowing bullish momentum on 4H.
The price was growing within a rising parallel channel and for the last 7 days it was trading within a sideways range.

The price formed a head and shoulders pattern within the channel.
This morning, the support of the channel and the neckline of h&s were broken.
I expect a bearish continuation now.

Goals:
1.078
1.072


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