EURUSD is forming a potential double-top pattern, and there is great risk-reward potential for shorting opportunities near the resistance.
Here are the details:
The market tested the previous month's high of 1.10173, but the bears are holding very strongly around this level, which has currently formed a double-top pattern on the chart.
Preferred Direction: Sell
Entry Level: 1.09960
Stop Level: 0.65089
Target Level: 1.10771
Technical Indicators: 20 EMA
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