Technician
Short

EURUSD may resume downside

FX:EURUSD   Euro / U.S. Dollar
1911 views
65
1911 3
A quick short term update for the EURUSD . The price has retested the broken rising trend line where it found resistance. And double top pattern could be in the making.
In my view, the price is likely to test 1.1240 support level . And a break below it will confirm 1.1200.
A four-hour closing above 1.1290 will negate this scenario.

Best
Technician
Totally agree
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Resounding idea..
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Quite possible, because on the weekly chart it's been slipping down the slope of the MA230 after having been rejected at MA370.
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