EAUUSD has formed a double top at the 4hr time frame at the levels of 1.0922. The major resistance of the pair being at 1.1020 levels , we expect the price to break the wedge pattern and fall to the levels of 1.0550. There is 30% chance that the pair may break the double top levels and move further long.
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.
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.