![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhxrH3tkLTYtQrkIt7fs4sVDjyvlp8wMrZL1G45qxS1gwuUD6TnRrqqEukuV2gBy3UFFt0soP-Xct2MDPLCbiC2vOa1MRiqW7wlmq_vbvOMNk_5wWRt8yjUY23Z3Zqh9zdyS3pXkLLp-qTK/s400/2011-12-08-PROPHET.png)
EUR/USD is exhibiting what could be a giant head-and-shoulders pattern. If the neckline is broken, we could see a significant spike in volatility. A measured target of the downside would be ~1.25... The instability of the Eurozone certainly aids this case.
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