This is a strong reversal pattern which points to below the 1.7900 level. This is a complex H&S pattern, but targets the 1.7840 level in the days ahead. We'd need to see some bounce in the equity market to assist a move lower here.
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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.