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Last week we saw a huge bull market on the EURUSD , and created a double top pattern at the top at resistance level .
This week we will see further decline to the downside, as the price closed on the Weekly time frame with huge bearish candle, meaning with a lot of momentum.
Once price reaches support, we will start looking for longs as it is a support level which is highly respected by the price.
Thank you for reading this short analysis.
If you have any suggestions or things to improve, comment down below ;-)
This week we will see further decline to the downside, as the price closed on the Weekly time frame with huge bearish candle, meaning with a lot of momentum.
Once price reaches support, we will start looking for longs as it is a support level which is highly respected by the price.
Thank you for reading this short analysis.
If you have any suggestions or things to improve, comment down below ;-)
