EUR/USD: 'Shooting Star' pattern

EUR/USD: 'Shooting Star' pattern

Information is not investment advice

The 34 Moving Average is acting as resistance, so there's a 'Shooting Star' pattern, which has been confirmed. Meanwhile, it's likely that the pair is going to test the nearest resistance at 1.1375. The subsequent pullback from this level could lead to another decline towards the next support at 1.1217.

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