EURUSD is still in a long term Descending channel. Price had formed a double top. We will wait for bounce or break on the resistance.
1. Price might retest 33.2 and go down.
2. Price might break below the strong resistance and test 0.8800
2. Price might bounce from resistance and break the long term trend but doesn't have any strong evidence yet.
But overall we're more interested on looking on buy.
1. Price might retest 33.2 and go down.
2. Price might break below the strong resistance and test 0.8800
2. Price might bounce from resistance and break the long term trend but doesn't have any strong evidence yet.
But overall we're more interested on looking on buy.