Note On Charts: First step in your trading success mean that you are trading with a broker that offers ‘New York Close Charts‘, (a true 5 day chart with the New York Close). You Can Download a FREE Charting Platform used for this analysis HERE.

EURUSD:

Summary: Weekly turned bearish?

Trade Idea: As I said in my video analysis about Forex NFP news trading HERE, the best idea will be to wait until NFP news impact will disappear and it happen on Friday with New York close. On daily time frame price created clear Head and Shoulders pattern, usually it means that if price will break lower right shoulder movement down is very likely to happen.