sumastardon

EURUSD: Reverse Head and Shoulders hasn't gone away.target 115

Long
FX_IDC:EURUSD   Euro / U.S. Dollar
EURUSD: Further extreme Dollar weakness looks in store for Monday. The target given by the reverse head and shoulders off the bottom here continues to say 113.80 but ultimately the Euro should reach 115 before swing traders should consider shorting the Euro again. The big change in prevailing wind was only confirmed on Friday. There is much more to go for. Try to trade these asap on the open in Australia on Monday if you want to catch the highs to sell off - no matter how inconvenient, it will be worth it by the look of the charts.... By the time it gets to New York the downwave should be in full swing

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