EURUSD: Could Bulls Return?

Looking at the weekly chart you can clearly see that we had a fluid break away from the head and shoulders pattern but we never came back to mitigate price at the equal highs created.

We have now wiped the low to the left, could this be the catalyst to see some bullish pressure to capture stop losses?

I think it could well be! What do you guys think? Let me know in the comments below.