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EURUSD; H&S Bottom In The Making?


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Nov 22 2018

EURUSD rallied earlier up to 61.8% as expected from where we already see a reversal so it seems pair wants to go lower into wave c now; third leg o a pullback that can be looking for 1.1320, where new buyers may show up especially if we consider potential H&S bottom on the 4h time frame. However, keep in mind that H&S bottom is not confirmed until we see a broken neckline which would be only if pair goes back to 1.1470.

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