Euro / U.S. Dollar

EURUSD-SHORT H&S Pattern on 4HR & 1HR

EURUSD Short- Pattern is clear on the 4HR and on the right shoulder of the 4HR it has developed into a 1HR H&S pattern. However EURO is looking bullish long term fundamentally and the USD is looking un-steady. If price breaks the neckline and closes and retraces up for a pullback I'll be looking for a strong show of more movement to the downside. If prices breaks the resistance above the HEAD, I'll be looking for a long term move to the upside.

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