EUR/USD BREAKDOWN
as we can see here on the EUR/USD chart that the market has been trending in a sideways direction and has created an uneven shouldered, head and shoulders pattern. the market previously broke past a support trend line to then test a lower support level, and then bounce back up, test the broken support as resistance and come back down to the previously tested support area. after all of this, the market has had a finally bounce to the upside. due to this type of scenario, we are going to wait to see if the market will get back to the support level the resistance trend line and make moves from those points before we trade it.
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