EURUSD Double Top Pattern Forms
If the Support area 1.7000 does not hold a double top pattern will form and may potentially bring the prices down to 1.4000.
EURUSD price is in a range on the hour chart and an expanding wedge pattern which also happens to be the right shoulder of a compound inverse head & shoulders pattern. Still room to move up within the wedge. The daily support level in the area of 1.1800 has been respected as both support and resistance in the past. Short term target of approximately...
Hey guys, wassup??? hope all are doing great. Here is our analysis on EURUSD. As you can see that the pair is going down after hitting both of its resistance line. The horizontal line is the strong resistance.
Let us know your view on this pair in the comment section. Thank you.
Ryan.R.Lopes
