Euro / U.S. DollarUpdated EURUSD head and shoulders
Could reject 4h trend line and move towards daily S/R Zone or break trend line retest it and move down towards daily R zone. Look for buy with price action showing rejection at trend line or break of head and shoulders neckline.
Note
There was rejection of a zone around 1.12955 a 4H support. However there is a strong resistance zone around 1.13695 that could present a short.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.