EURUSD retracement pattern

٤ أبريل ٢٠١٣

Once again the price has broken above the H4 kumo and a retracement for a retest (of the kumo top) will be the 236 fib level. I expect this retest to happen even if this is the start of an uptrend. Next H4 candle will probably go up to test the high (1.2950) before dropping.