After Friday spike EURUSD has broken and retested before market close the descending channel . It has formed a double top at 1.180x and in the lower timeframes has a bearish divergence in rsi and macd . Maybe we have a false breakout and then continuation of the descending channel . This week we also have the NFP which may confirm this reversal.
We have also a forming an inverted head and shoulder which the price touching the neckline and maybe go down for the right shoulder till 1.7168 which is 0.618 Fibonacci on daily tf.