EUR / USD Outlook

The pair appears to be forming the right shoulder of a bearish head and shoulders and should 1.1250 hold, we would expect the pair to break lower with support at 1.1200, 1.1175 and 1.1150. However, should bulls recapture 1.1250, the H&S is at risk of being negated as bulls look to push higher to 1.1275, 1.1300 and 1.1325.


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