Technical Analysis – EURUSD maintains its bearish outlook; shows stability in near-term

EURUSD maintains its bearish outlook after the breakdown of the key level at 1.1660. The chart pattern on the daily time frame indicates a head and shoulders pattern with a break below the neckline giving a bearish signal. Resistance at 1.1660 is expected to hold in the near term, as EURUSD continues to trade in […]