EUR/USD-4 Hour overview

Hello everybody!

-On the 4-hour chart, we can see that the price formed head and shoulders pattern, head and shoulders pattern shows us that the price might keep pushing even more in a bearish direction.

-We can see that we have strong bearish movement right now, The last 8 hours we can see that the price formed very strong bearish candles.

-On a daily base, EUR is very weak while USD is the strongest currency at this moment, on a 4-hour base EUR is still very weak while USD is very strong.

-If EUR remains weak and USD strong then we can expect further bearish movement and if USD loses its power and EUR gains some power then we can expect bullish movement.

-WHAT DO YOU THINK ABOUT THIS SETUP?
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-Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial
advice.