LockNLos

daily head and shoulders

FX:EURUSD   Euro / U.S. Dollar
A strong rejection of the 1.2000 quarter point after FOMC announced they'd start reducing the massive balance sheet can see the pair reversing trend. An inverse H&S can be seen on the dollar index possibly signaling the start of a bullish trend for USD. Best to wait for a break and retest of the neckline before entry.
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