Possible Head and Shoulders Topping Pattern
EURUSD Appears to have topped out below 1.14, with RSI failing to confirm the high set on the 7th of May (1.1390). Bulls are attempting to carve a higher low above 1.1095 but chart pattern looks suspiciously like the start of a Head and Shoulders topping pattern. We are looking for a right shoulder around 1.13 and will short against the head if this eventuates.
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