Price is moving exactly like I had predicted in early April. There could be an activation of the head and shoulders pattern over the next several days/weeks. Looking for either a break of the neckline (conservative) or a break of trend support (aggressive) for the pattern to be activated. It seems that this pair is very sensitive to U.S. news, so trade with care.
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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.