The TNX is currently testing its 200-DMA, which seems to be at the neckline of an inverse head and shoulders pattern. This is very interesting as market participants are waiting for the non-farm payrolls data on Friday. A daily close above the 200-DMA following the NFPs would suggest a reversal in interest rates for the weeks ahead (which people are already talking about anyways).
Really interesting, a change in longer term interest rates and break of your H&S could bring about significant FX volatility. The H&S is quite complex and not classical but still valid I think.