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Will EUR/USD Form a Head and Shoulder?

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FX:EURUSD   歐元 / 美元
EURO showing bullish signs.

Scenario:

1) If it makes a reversal from here & breaks the neckline, the H & S pattern is most likely to be invalid.

2) If it makes climb towards 1.2075 and makes a sharp drop and breaks the neckline, we will be able to see a valid H & S pattern and expect to be heading towards 1.0600.
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