EURUSD could experience a potential downtrend because there is a double top in the 4hr time frame.
Targets are either the 50%, 61.8% or even the 1.1210 level.
However this analysis is invalidated when prices closed above the double top pattern.
Targets are either the 50%, 61.8% or even the 1.1210 level.
However this analysis is invalidated when prices closed above the double top pattern.
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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.