A classic double top reversal pattern - after trend line break, we tested the top and now we have a good looking bear reversal bar confirmed by a good looking trend bar.
I would expect at least two legged move here and testing MA as the first target. Stops around 1.0560 area, first target 1.0430
Comments
alexp
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1.4000 also hit today
alexp
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First target has been hit today, next target - 1.0400 - we will surely see some support near that level