EURUSD: Reach into thick Kumo cloud: On the way to the support
In this topic:
I talked about the bounce from the resistance 1.1210 and the Double Top Pattern.
Then I see EURUSD actually pullback to sharp a real double Top Pattern.
The question on the table is : Does this trend continue ?.
I see EURUSD is reaching a thick Kumo cloud : A strong support.
Tomorrow, US CPI + FOMC Minutes is a risk event, and I believe EURUSD continues its decline to the trend line support.
I talked about the bounce from the resistance 1.1210 and the Double Top Pattern.
Then I see EURUSD actually pullback to sharp a real double Top Pattern.
The question on the table is : Does this trend continue ?.
I see EURUSD is reaching a thick Kumo cloud : A strong support.
Tomorrow, US CPI + FOMC Minutes is a risk event, and I believe EURUSD continues its decline to the trend line support.
