On the weekly time frame, price action is potentially forming 3 black crows and is coming into H&S target at 1.11700. We could potentially expect price to continue its bearish momentum this week.
On the H4 timeframe, price continue its bearish momentum. Even though RSI is already forming negative bullish divergence, we could expect price to continue dropping to H&S target at 1.11700 before a bounce occurred.
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