on a 4h chart the eurusd seems to form a head and shoulder pattern with neckline @ 1.081 Head price reached 1.105 a few days ago and touched the diagonal of the triangle formed between 1.49 and 1.054. We have seen the euro rise the last days but I think it wont last for long. Comments and discussions are welcomed !!!
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Euro trading below 1.08 neck line for the moment but still waiting for eurozone cpi to released in a few minutes. If the euro will sill be below 1.08 than the head and shoulder will be confirmed and heading down again.....