EUR/USD - Head and Shoulders with strong RSI divergence.

FX:EURUSD   Euro / U.S. Dollar
Clear Head and Shoulders pattern alongside a strong RSI divergence, I believe this currency pair will have a reversal. Comment what you predict below!
Well the EUROUSD is now allready in a down trend. from the 09-11 top near 1.21. The divergence was the uptrend last week but that stopped at the shoulder top 1.1875....expecting it will finish the pattern at 1.171.....but there is always a chance that it will reverse.
also, there is a clean head and shoulders pattern within the head of this head and shoulders. with that said, price is now re-testing the neckline of the smaller head and shoulders.
good analasis mikestarch01
EN English (UK)
EN English
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Send feedback Ideas Published Followers Following Private Messages Chat Sign Out