EURUSD in bullish upward move *BUT*….

EURUSD had a quiet day yesterday but seems to be forming a bullish channel upwards, however, this is MUCH smaller than the bearish channel it came from. Also I have to say it does look like a bit of a head and shoulders/double top. I will be selling on break out bearish or at the top of the channel when it begins down again around 1.3060. I am not convinced that EUR have really got their act together and I think any bullish move could be short lived.

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