EURAUD Head and shoulders forming
Updated
Simple head and shoulders play - worth noting that Euro looks very weak against USD since NFP and the level of bullish commitment on the Euro provides a lot of potential to unwind. Without worrying too much about fundamentals, though, this pattern looks to be setting up nicely. Wait for the neckline to break!
Note
The head and shoulders pattern has repeated itself, and looks like a double top on the higher timeframes. Still looking for a proper break but I think this short could still work out
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