EURUSD - (Weekly): Potential head and shoulders in the making

Notes on chart. Reversal near 1.140 would see a possible move to the downside. It will still be an evolving H&S pattern, but 1.110 break could extend declines to 1.08 and 1.05. Time frame 3 - 5 weeks.

Will FOMC be the trigger?? If it will be, then it would be a perfect confluence of Technical and Fundamentals.