Berenguer

EURUSD

Berenguer Updated   
FX:EURUSD   Euro / U.S. Dollar
this is the pattern on the EUROUSD on the daily chart.There is a clear head and shoulders that has formed and US economy is going be bullish for the next few days maybe the week. If you look at the 4H chart you can see the pair is on a retracement to the golden 61.8 fib zone. My suggestion is either you can Long to the fib if you feel brave because EURUSD is a volatile pair. On the other hand, if you aren't a huge risk taken you can wait till the pair break enters the box and break exits it to enter Short.

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