The EUR/USD has been following the technicals perfectly as I showed on my previous Session Recap and Live webinars. Both entries (long and short) have been respected and at this point we can see a possible uptrend continuation. Bullish SHS (inverted head and shoulders) pattern formed straight above the ascending trend line making the POC zone 1.1940-50. If the price retraces to the POC we might see a spike. However a clear break or 4h close bove 1.1995 is needed for a continuation towards 1.2020 and 1.2060. If 1.1910 support is taken out, bull will probably lose the steam and the pair might drop tp 1.1870.
