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Euro / U.S. Dollar
Short

EURUSD 1HR SHORT

By HonestFXTA
Well we saw it retrace the 61.8% on the 4HR up trend. Its now created a head and shoulders pattern, we seen a retest on the previous broken trendline. I've taken a fib level for the most recent swing and its rejected the 61.8% for the downward movement and i have entered.
Chart PatternsTechnical Indicators
HonestFXTA

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