Euro / U.S. Dollar
Short

EURUSD: One More Selling Opportunity

526
Another chance to sell today is on the EURUSD pair, which has recently tested a significant daily resistance level and formed a double top pattern on the 4-hour chart.

The broken neckline of the double top has been retested, indicating a potential further decline in price. The pair is expected to reach the 1.0453 level in the near future.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.