FX:EURUSD   Euro / U.S. Dollar
We have a possible head and shoulders pattern again on the 1hr tf on the eur/usd chart. This can be our trading guide. If it fails again, we can establish short positions. If it starts working, we can go LONG. Note that next week we have the ECB meeting and the 1st rate hike announced, so if the ECB surprises the market, we could see some relief in the Euro, but still, the long-term trend is bearish and any rally should be used to establish short positions.
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