'Stuck in a box' Pattern formed nicely. Technical all point to more downside, with a head and shoulder pattern formed on the smaller timeframes, we are now waiting for a retest of the high's and a sell entry. Fundamentals point to the same pattern, although if we have a clean break of the 1.73 level we may see ourselves hitting September and October high's. Wait for confirmation for entry.
Beyond Technical AnalysisChart PatternseurnzdshortTrend Analysis

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