EUR/USD Short-Term Retracement D1 Chart

The price is in a Bearish descending channel however, I believe it is time for a retracement. (Inverted Head & Shoulders)

The Stochastics (6.3 / 5.4 Friday) suggested it is oversold on the Daily chart, and so i expect it to reach the 1.16375-400 range, which may continue to 1.16600 today.