ew-forecast

EURUSD Displaying H&S

FX:EURUSD   Euro / U.S. Dollar
685 1 20
EURUSD             moved even higher yesterday during the US session. slightly above 1.1200 level where pair found some resistance recently, so I am looking at this big daily chart with a Head and Shoulder pattern that can be pointing down. It's a textbook example for now, but I still need weakness back to 1.1000 in impulsive fashion to confirm lower price. In that case, I would be ready to short this pair.

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Hello,

Same view here

+3 Reply
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