Channel Up pattern break and success to perform Head and shoulders pattern. Break and retest at 174.20 with 5 fibonacci PRZ. This pattern projection target at 170.94, and failed if price success to break 174.58.
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disclaimer :Trading on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest or do any trading activities you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
