Entering into a short EUR/USD trade here around 1.0745 Target 1.0690-1.0650-1.06 Stop loss 1.0770
Failure of inverted head and shoulder formation on the hourly chart.
Failure to sustain above 5-DMA on the daily chart seen today.
FEd officials due to speak later today are likely to talk up December rate hike bets.
Trade closed: target reached:
First target almost achieved. Better to book out