EUR/USD at last test 1.1570 area this week too, my prediction was 1.1550 area but price rebound from 1.1570 area. now 1,1740-60 area is acting as a resistance area. the bias is bearish and the pair can breach the 1.1550 area and 1,1330 area can be tested. The scenario is head and shoulder formation, in that case, the price can reach 1.20 area. Now I am sideline for the weekend. if price move above 1.1760 than 1.20 can be reached in this case I will go long.
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