EURUSD: Detailed Structure Analysis 🇪🇺🇺🇸

Short

Euro / U.S. Dollar (OANDA:EURUSD)

Updated

OANDA:EURUSD Euro / U.S. Dollar

supportandresistance supplyanddemand pivotpoints eurusd usdollar usd dollar forex euro trading technicalanalysis trader

Here is my latest structure analysis for EURUSD.

Resistance 1: 1.0736 - 1.0775 area
Resistance 2: 1.0920 - 1.0946 area

Support 1: 1.0668 - 1.0695 area
Support 2: 1.0495 - 1.0536 area
Support 3: 1.0447 - 1.0468 area

Consider these structures for pullback/breakout trading next week.

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Comment:

The price formed a tiny double top pattern, testing the horizontal resistance.
Bearish breakout of a neckline of a double top will give you a strong bearish confirmation.

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