Michael.H

EURUSD - Possible H&S Pattern

FX:EURUSD   Euro / U.S. Dollar
EURUSD             seems to be trading in a sideways box. It has tested the major resistance at 1.15000 several times and it has helt nearly every single time. It currently hit a support at the 1.12170 mark and could see a leg up towards the resistance again to re-test it. If it manages to get rejected again, we'll see the completion of a H&S pattern and could see our way down again to the bottom side of the box.

Tade with caution.
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