The Eur/usd pair is declining for quiet a while now with the uncertainty due to brexit and the political issues with EU. But Euro is gaining more and more power and we might se a stop of the downtrend and see an uptrend being formed on the WEEKLY charts. As seen on the chart we can see a clear hammer appearing at a possible LOWER HIGH in an upcoming uptrend channel! We will closely watch this pair and we will trade it at the retest of the outbreak for a possible inverted head and shoulders.