Based on on what I see on the 4hr and daily chart I spotted an Inverted Head and Shoulders in the EURUSD pair. I believe we have seen the bottom formed despite EU breaking daily support levels. We could easily test higher daily and weekly resistance levels before coming back down but I'm still holding on to my trading idea I think EU will go back up to 1.20 in the long term. Yes we have more rate hikes coming up before the EOY. That could change the ball game so I will be keeping and eye out for any patterns developing and news that could impact the market.