EURUSD Measured Move Target: 1.1500

Here's a good study for the chart pattern freaks.

EURUSD has broken out spectacularly out of a consolidation pattern that started forming in JULY of this year. This consolidation pattern has all the appearance of a textbook head & shoulder reversal pattern which we all know could be used to draw a measured objective.

Let's see now.
Chart PatternsEURUSDmeasuredmovesmeasuredobjective
thedailychartist

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