EUR USD Head&Shoulders Breakdown

The Forex major has finally broke down the textbook h&s shoulder and also broke and retested 200 EMA. Also took rejection on Fib level of 38.20. Further fall can be seen in EURUSD. Nearest support can be seen at 1.16100 which is also a Fib level of 61.80.
Chart PatternsEMASEURUSDForexforexanalysisforextradingTechnical IndicatorsshortTrend Analysis

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