Weekly EUR / USD: shooting-star head-shoulders, the light downward pullback

The pair euro-dollar started the week lower, reaching a minimum at 1.4156. Rebounded strongly from here finally breaking the resistance 1.4500 strongly and reached a high of 1.4647. Towards the end of the week revised downward closing at 1.4562. I think that while the price remains above 1.4500 we face a strong upward trend with targets 1.4700 – 1.4800. However, there are two important technical issues that can derail this forecast. The first is the formation of the shooting star candle on daily charts mentioned in my …

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