Eur/Usd is in an downtrend having broken to the downside a triple top (h4) at around 1.1120. Since yesterday the pair Has managed somehow to show a quite impressive recovery from 1.0852 to 1.0946 being help of course by another bullish pattern ( inverted H&S). Looking at this chart you can clearly see a large white candle (30min) sparked initially by a miss in the CB Consumer Confidence from 104 to 98 and later on back by a wave of taking porfit in the "short camp". Right now there is a tough battle between bulls and bears --one big inverted H$S and a small H&S.
