The pattern is worked out
Our pair have worked out the “inverted head and shoulders” pattern. The top is at the mark of 1.1320 and the shoulders are at the 1.1540 level.
After this we can see a turn of the price. Therefore, we believe that the price will continue the downward movement. The technical indicators point to a sale. Therefore, we advise you to look for points to enter short positions and monitor the formation of a downtrend.
After this we can see a turn of the price. Therefore, we believe that the price will continue the downward movement. The technical indicators point to a sale. Therefore, we advise you to look for points to enter short positions and monitor the formation of a downtrend.
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