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EURUSD Overview: Potential Bearish White Swan Pattern

EURUSD Overview: Potential Bearish White Swan Pattern

Instrument EURUSD
Time Frame H4
Link to Chart EURUSD Live Charts
Data to watch EUR   CPI 10:00 GMT
US RETAIL SALES 13:30 GMT
Technicals Price is below EMA 50 & SMA 200
Murrey Math Resistance 1.10470
EU CPI and US Retail Sales may cause a volatility.
The pair is sell the pullback pair and will remain under bearish pressure near term
1.10779 is the key resistance on the chart confirmed by SMA100
Near term targets: 1.09860 1.09550 1.09280
Main Trend Strongly Bearish
The direction in The Chart Down
Pattern/ Signal Bearish White Swan
Trade Signal Sell
Accuracy 62%
Estimated Completion Time 1-2 H4 Bars
Entry 1 Mentioned in the chart
Entry 2 Mentioned in the chart
Invalidation Level ( Stop Loss) Mentioned in the chart
Target 1 Mentioned in the chart
Target 2 Mentioned in the chart
Target 3 Mentioned in the chart

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DISCLAIMER: This is a technical analysis study, not advice or recommendation to invest money

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility

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