EURUSD - Pretty Lil' Pattern

13 мая 2015 г.

Despite thinking the Euro squeeze could continue or the GBP can somehow drag the Euro with it, this little ditty is setting up nicely. It appears to be a classic H&S Pattern with a break below 1.1125 pushing down for a re-test of the 1.1060 resistance level. Hopefully the move pushes to its potential towards 1.09 and if so I'll be locking in profit and seeing if the H is O as Glenn Frye says - that's the "heat is on"