KiBeCh29

EURUSD Daily Outlook

FX:EURUSD   Euro / U.S. Dollar
Price broke a major support after forming a double top then went even further breaking the ascending trendline. I believe we are looking at 2 possible future scenarios: The retest of the newly broken trendline and the retest of the Double Top neckline thus creating an area of confluence. Now if price makes it there, it will be a gud place to go short..
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.