EURUSD is reintegrating its Head & Shoulders neckline

15 พ.ย. 2017

That means that the reversal pattern is now in danger. The euro is otherwise petty strong vs. GBP and JPY so there is a possibility that the pattern will be soon negated. If the price breaks above the SSB and the top of the left shoulder @ 1.1878, then it will probably go to 1.20 and even beyond. I would not buy for the time being. The price is too close to resistance and the pair is in the midst of a broader consolidation. I keep looking and wait...