We have the formation of perfect head and shoulders on the euro! I'm expecting price action to break through it and head down to the next available pivot point level which is @ $1.1352. We have price action banging up into a pivot point level, resisting it in the form of railway tracks and heading down! We have a neckline and a previous support level in place, if and when price starts to break it, that's a good opportunity to sell. I suspect price action will form another head and shoulders pattern on the 5 minute chart just before it starts do drop nicely! On the hourly chart price action is abiding by all the support and resistance lines and pivot areas! Price has started to form the H&S on the 5 min, lets wait for the break out!