Hello everyone. EUR/USD looks like it is ending its retracement so the bears have started to emerge. We have some sort of head and shoulders on the 4h TF and we have the 1st LL so we can start looking for shorting the pair. The harmonic price with the left shoulder is at 1.0267 so that would be a perfect entry for short positions as the risk would be very low and generally the more harmonic the shoulder prices the more reliable the pattern. Today there are some announcements (retail sales) and the FOMC meeting, so these two factors could be the main catalyst for the direction of the EUR/USD exchange rate in the near future.