FX:EURUSD   Euro / U.S. Dollar
EURUSD formed a H&S pattern on the weekly chart weeks ago but hasn't moved in that patterns traditional path. We have two inside day bars on the weekly chart signaling a potential push. But the recent push up and then the immediate retracement down means the pair unsure of what direction it wants to go. Another break of 1.1299 could result in a push to recent lows at 1.1176. However, and bounce off support could result in a push up to the 1.1570 area.
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