Looking at the 4 hour chart, we have formed a double top at the 50 ema which is acting as strong resistance.
As long as the H1 cci crosses thru the “0” line, the m15 Head and shoulders pattern should come into play targeting the 1.4300 area. If the h1 cci rejects the “0” line, the price could re-test the right shoulder or even higher.
