Lingrid | EURUSD forming a Triangle Pattern. Short
1683
EURUSD continues to consolidate around 1.0300 level. Recently, the market gapped down again, but that gap has already been filled. Last week, the price declined following a news release, respecting the downward trendline and breaking below the 1.03500 level. Overall, the price is forming a triangle pattern, forming lower highs and higher lows. Given that the market has bounced off the upper boundary of the pattern, I anticipate it may retest the lower boundary. I expect the market to reject the resistance and subsequently retest last week's low. My goal is support zone around 1.02270
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