A similar possibility to EURUSD on the 4h - so if price heads down on both those pairs, there will theoretically be an inverted head and shoulders.
The rest depends upon the strength of the Euro's NZD and USD pairings.
I also may look for a short, with a sell stop order at the green line and a target of slightly above the next area of immediate support.
The rest depends upon the strength of the Euro's NZD and USD pairings.
I also may look for a short, with a sell stop order at the green line and a target of slightly above the next area of immediate support.
Comment:
Looks about right