EUR/USD has set up a head and shoulder pattern on the daily charts. We will be looking to buy a break and retest of the neckline with projected targets of 1.21. Watching price action for now.
Good luck trading.
EUR/GBP is back testing the 0.84 region which is horizontal support and 38.2% retracement of the rise from the lows. We expect the pair to remain weak and eventually break the indicated support for a move back the 0.83 level.
Watching price action for now.