Euro Yen Down from Double Top

The Euro is struggling against most of the Majors. Presently it is ditch the Risk Currency and Buy the Safe Haven.


With a recent Double Top acting as price reversal , and a break of support at 1.39, it seems that price may be looking to retest the next daily support zone.

This would be the 1.32-1.33.

Shorting from 1.3700 break might be possible or a retest and resistance holding at 1.39.30.



Chart PatternsTechnical Indicators

Disclaimer