In my previous analyses, I was looking for a break lower in this pair (see related chart) and decided to disregard the H&S pattern to the upside. Clearly it was not the right decision as it seems that the H&S pattern working very nicely - at least for now.
If the pattern should play out in full, then it means new highs very close to 123.00
If the pattern should play out in full, then it means new highs very close to 123.00