FX:EURUSD Euro Fx/U.S. Dollar
A short-term "Head and Shoulders" pattern is being established on the 4H chart. The right shoulder was established on Friday around 1.3690 offering a valid BUY entry with stop loss located below 1.3640. The corrective movement will be targeting at 1.3800 as long as the recent bottom around 1.3650 remains defended by the bulls.