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Trader_BrianFX
Apr 11, 2024 3:54 AM

EURUSD : Termination of the recovery days! 

EUR/USDOANDA

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Hey warriors, let's dive into the EURUSD saga!

The EURUSD just went through a rollercoaster, quickly sketching out a double top pattern before taking a sharper nosedive post the breach of the 1.083 support level. Currently at 1.074, it's attempting a slight rebound after brushing the 1.073 support, but don't hold your breath for a long recovery. With the USD flexing its muscles thanks to yesterday's CPI news, it's putting a damper on any comeback hopes for this pair.

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FXCM
The support level seems solid as the price has been respected multiple times in the past. Let's see how this plays out. I'll keep an eye on it.
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