EURUSD is trying to complete IHS pattern and reverse higher. An impulse followed by abc correction sequence could be counted since last Thursday, although my conviction is not 100%, to say the least. But, as can be seen from the chart with ZT (2y Treasury Note) overlayed, EURUSD is very much dancing to the interest rate tune, with latter leading the dance. If the correlation persists, neckline should be broken soon.
