Single currency jumped off the broken neckline of a head and shoulders pattern, which can be seen in the daily chart. Looking at the 4-hour chart, we can see that the price broke a local ascending channel, which represents an ordinary flag. Pair’s pullback could possibly be seen away from this lowest part of the flag:


In the weekly chart, we got back below a broken descending channel:

Analyzing the daily chart, we can see that the price got back to the broken trendline and formed a shooting star, which represents a potential opportunity for the pair to keep heading down:

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