EURUSD M30 Inverse Head and Shoulders

The Inverse Head and Shoulders pattern has formed on the EURUSD M30 chart. The head low is at 1.1113, while the neckline passes through 1.1132/1.1129. The Inverse Head and Shoulders signals a potential reversal of the downtrend. A break above the higher neckline anchor may confirm the bullish reversal.