EUR/USD, sharp decline countinues, possible H&S!?
US dollar smashed the euro in the last several days, breaking important supports, but as we can see, there is no serious buyers for now. This level aprox 1.0790/820 could stop this fall for a while, but there is possible daily H&S formation if that support breaks. For that, EUR/USD must reached 1.0500 again. On the way up, 1.0900/20 could be the stronger resistance (trendline/previous resistance). Keep following, this could be very interesting now. I would not search for the long entry level at this pair, not yet. Observe these supports levels as possible next targets for the bears!