Euro / U.S. DollarShort
EURUSD forms a double top pattern
On the daily chart, EURUSD has formed a double top pattern. If the price continues to fall, the downside target will be around 1.088, and after breaking through, the lower target will be around 1.078. The current short-term key resistance is around 1.1000, and if the rebound does not break, the short position will be maintained.
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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.