EUR/USD Short
In the hourly chart there is a head and shoulders pattern with a neckline around 1.13562. Neckline to the top of the head is 117 pips away giving a minimum extension from the neckline of the same distance. Impulse Elliot Wave shows sign of strong downtrend as well. If it breaks the previous low of 1.13268 I see this as a confirmation to the head and shoulders pattern and a run down to 1.12392 level possible.
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