On the EURUSD daily chart, we can see that the pair is in the consolidation below the trendline and is still retesting the broken neckline of the H&S formation. The daily close below 1.7000 level is required for the downside continuation.
Note: long trades should be triggered only on the upside break of 1.18300 level.
Happy trading! (click on the chart to enlarge it)
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