EURUSD Technical Pattern Analysis
EURUSD has moved up continuously without much retracement.
Now, EURUSD struggles to move up and it forms a Head and Shoulder Pattern in 4-hour chart.
We can expect a fall on EURUSD for making a correction.
During this correction, Profit booking carried out by the buyers of EURUSD.
This is the reason EURUSD have chances to fall down technically for making retracement.