POSSIBLE HEAD AND SHOULDERS?
EURUSD declined after FED talking about rate hike in December and Draghi QE.
Price dropped till 1.0674 yesterday then closed back at 1.0723. I expected the price to touch at least 1.0650 but it seems like the price is already trying to reverse.
Further fall is still possible and it will be a new Draghi speech later today.
By the way if price will fail to fall below 1.07 i will take some long position targheting 1.10 first and 1.12.
I'm short below 1.0650
Price dropped till 1.0674 yesterday then closed back at 1.0723. I expected the price to touch at least 1.0650 but it seems like the price is already trying to reverse.
Further fall is still possible and it will be a new Draghi speech later today.
By the way if price will fail to fall below 1.07 i will take some long position targheting 1.10 first and 1.12.
I'm short below 1.0650
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