FX:EURUSD   Euro / U.S. Dollar
DAILY

WE HAVE A BREAK AND RETEST OF DAILY ZONE IN 1.2500 AREA
RECENT COMPLETETION OF HEAD AND SHOULDERS PATTERN WITH FUTHER BURST THRU NECK LINE SIGNALING SELLING PRESSURE
LAST CLOSED CANDLE BULLISH ENGULFING , SHOWING BUYERS ENTERED THE MARKET HEAVY FRIDAY
CURRENT CANDLE SHOWS SELLERS ARE CURRENT PRESENTLY

4HOUR CHART

LAST CANDLE CLOSED SHOWED AN UNSUCCESFUL RALLY UP AND SELLERS MAINTAINING PRESCENCE
LONG WICK SHOWING REJECTION OF1.2600 LEVEL

1HOUR CHART

LOWER LOW CREATED AFTER REJECTION
SHOOTING STAR AND BEARISH ENGULFISHING IN REJECTION AREA



I PERCEIVE PRICE WILL FODDLE AROUND IN THIS AREA AND THEN PROCEED WITH FINAL PUSH DOWN

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