Michael.H

Possible H&S in the making

Michael.H Updated   
FX:EURUSD   Euro / U.S. Dollar
Seems like we're going to get H&S pattern with EURUSD, with some great potential gains.

Stoch RSI is oversold and due to a bounce.

RSI is oversold aswell.

I think we're seeing a bounce up within a couple of days towards the heavy resistance zone at 1.21, at which it will fail to break through.
We'll then see a further continuation down towards the heavy support zone at 1.112



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