EURUSD is in a downtrend channel on the daily and weekly timeframe.
Double top pattern was broken and retested at its neckline which also is a strong resistance supply zone at area 1.10.
The next target is a possible retest of the upper down channel at area 1.09 before a drop to the next supply support zone at area 0.85 which will be confirmed after break and closure below of area 1.05.
Double top pattern was broken and retested at its neckline which also is a strong resistance supply zone at area 1.10.
The next target is a possible retest of the upper down channel at area 1.09 before a drop to the next supply support zone at area 0.85 which will be confirmed after break and closure below of area 1.05.
