BEARISH EURUSD 1H: Long term bearish channel

Nov 13 2015: BEARISH EURUSD 1H: Long term bearish channel

(Analysis Based on 1 hour chart)

Observations
1. Long term bearish channel
2. Two short term bullish channel
3. Bullish head and shoulder pattern
4. Price at weekly swing low

NOTE: Wait for price action to confirm the importance of these levels.

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Ascending ChannelDescending ChannelEURUSDHead and Shouldershourlyorvilleprice-actionsupportSupport and Resistancewright

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