Market Analysis - 16 June 2009

Today We go more on E/U pair , as we can see on 4H chart , the H & S formation complete , now price hit the neckline also SMA200 area at 1.3780 - 1.3750 , if break the neckline we can hold our sell to 1.3680 as T1 then to T2 at 1.3550 and further more to 1.33xx SMA 200 in Daily chart. But we need to take attention the OS signal, We can see Stochastic 4H close to OS level ,
In this situation IF not break the 1.3750 - 1.3680 area , bull will take the market and the Bull power take position if price break 1.3890 .