EURAUD possible reversal

١ يوليو ٢٠١٣

Went short off the trend line this morning. Looks like it's forming a large head and shoulders pattern (currently at the right shoulder). Looking for it to reach 1.4050 as my first target. If we break below that and subsequently the support at 1.4, the H&S will be validated and the final target will be 1.345