EURUSD potential head and shoulders bottom pattern

Dec 5

On the 4-hour chart, EURUSD has formed a potential head and shoulders bottom pattern. At present, attention can be paid to the resistance around 1.060. If it breaks through, it will rise further, with the upward target around 1.080. At present, the effective support below is around 1.046. If it is not broken, pay attention to the trading opportunities of falling back and going long.