justatrader

EURUSD - (Weekly): Potential head and shoulders in the making

FX:EURUSD   Euro Fx/U.S. Dollar
303 1 11
Notes on chart. Reversal near 1.140 would see a possible move to the downside. It will still be an evolving H&S pattern, but 1.110 break could extend declines to 1.08 and 1.05. Time frame 3 - 5 weeks.

Will FOMC be the trigger?? If it will be, then it would be a perfect confluence of Technical and Fundamentals.
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apollo12
6 months ago
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