EUR/USD looks to have made a long-term trend change to the upside. A likely Head and shoulders bottom sets the potential for a rise to at least 1.4200. A clean upwards neckline break 3 weeks ago looks valid although the right shoulder is a little unsymmetrical in comparison to the left shoulder. A move back inside the neckline and certainly a fall below the right shoulder would invalidate the bullish view.
A pull-back to the 1.3130 to 1.3160 level is possible an would be a buying opportunity with stops below the right shoulder.
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