Bulls are not strong enough, the pair is in the line of descend!

Hello traders! We are seeing that the oil demand is declinig, affecting the pair and making bulls be aware of future declines. Also we found in the charts a recongnize pattern of a head and shoulders, with a target around 1.30 if it breaks the support among the 1.36 level. The FED is fighting againts the ghost of recession and the 10 years bonds are fearing a descend from a 15 years top. Some fed officials are concernign about the oversizing uploads. This facts can draw a direction towards a new trend in the markets. Technically the level of 1.36152 is a support to watch. If the bears could break this level, we could see the prince drop to 1.33102 and 1.30 if the strong of the bears keep going. This is not financial advice, good trades and profits!!