On the 4hr chart this pair has formed an Inverted Cup and Handle Structure.
This is a Bearish Pattern , and looking for price to shift down.
The target is the equal extension of the Cup , around 1.1040.
This is a Bearish Pattern , and looking for price to shift down.
The target is the equal extension of the Cup , around 1.1040.
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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.