NPriceFX
Short

Potential Head and Shoulders Pattern on EURUSD

FX:GBPUSD   British Pound / U.S. Dollar
446 1 2
It is easy to get carried away with all of the US dollar             negative sentiment that has been around today but it is worth remembering that the dollar bears still have some levels to overcome over the course of the coming days if they want to really take control. Despite the heavy dollar selling today, the right shoulder of this potential head and shoulders pattern on GBPUSD             is still very much intact.
Sorry, meant to be GBPUSD in the title, not EURUSD!
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