EUR/USD Price Analysis: H1 M-formation luring in the bulls By ross_burland EURUSD Technical Analysis
as it moves in on a long term support structure. The hourly chart is seeing the price under pressure but the M-formation offers a prospect of a correction in the meanwhile prior to further downside. The weekly chart is in a similar position with the M-formation expected to bring in the bulls to test the old support and neckline of the pattern.
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