Short term down side target is around 1,0550

FX:EURUSD   Euro / U.S. Dollar
a pull back might occur to form a reverse head and shoulders , leaving no headcuffs on collars up until 1.0780, 1.10 and 1,1165 at highest. Short term strengthening DXY might be a bullish trap. Without no interest rate hikes the US dollar must not around between here and 101,80... That's a clear head&shoulders which imposes a down-side reversal back to 95s... Goodies oldies...

By the next US Non Farm Payroll on 3.3.17 we must see DXY down about 95s and EURUSD up, close about 1.12s...


1.10 is on its way in about at the beginning of May most probably after a second low performance of NFP in a row...
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