Threat Of H & S Topping Pattern In EUR/USD Intact – JP Morgan

EUR/USD is pretty much stuck in a range for several weeks now which could still turn out to be the perfect right shoulder of a broader H & S topping pattern, in play since September last year, says JP Morgan. “Given the impulsive nature of the decline from 1.3711 to 1.2746 (wave a.-or wave 1) w…

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Threat Of H & S Topping Pattern In EUR/USD Intact – JP Morgan