EURUSD has formed head and shoulder pattern with neckline
i feel as per Elliot wave, Pair has finished corrective wave ABC and developed new impulsive
pair has support @1.2740 & 1.27 which is remained historic strong level and also neckline in this pattern
if pair breaks this neckline then it may test 1.204 , last year low
Dear friends i know this level will not achieve in one single wave
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