FX.co ★ EURCAD M15: Head and Shoulders

The Head and Shoulders pattern has formed on the EURCAD M15 chart. The head high is at 1.6076, while the neckline passes through 1.6067/1.6065. The Head and Shoulders signals a potential reversal of the uptrend. A break below the lower neckline anchor may confirm the bearish reversal.