Double-top pattern underway for EUR/USD on the 4-hour chart with 1.2800 as the objective on a measured move basis. The stronger US payroll data from last Friday has elected a âDouble Top chart pattern in the EUR/USD currency pair. The break of the neckline established at 1.3050 sets up a potential target of 1.2800 (based upon the 1.3300 high on January 2nd and the Dec 18th low of 1.3050) THE ANALYSIS CONTAINED HEREIN IS CONFINED TO SPOT (CASH) FOREIGN EXCHANGE (CURRENCIES). NO PORTION OF THIS PUBLICATION IS INTENDED AS, OR SHALL BE CONSTRUED TO CONSTITUTE ADVICE, ANALYSIS OR RECOMMENDATION REGARDING COMMODITIES FUTURES, EXCHANGE LISTED OPTIONS, OR SECURITIES. THIS LETTER IS NOT AN OFFER TO SELL, NOR A SOLICITATION TO BUY ANY FINANCIAL ASSET OR DERIVATIVE OF ANY KIND. NO SPECIFIC TRADING RECOMMENDATIONS SHALL AT ANY TIME BE INCORPORATED INTO THIS PUBLICATION, AND THE USER OF THIS INFORMATION SHALL IMPUTE NO LIABILITY WHATSOEVER.