Euro / U.S. DollarShort
EURUSD may resume downside
A quick short term update for the EURUSD. The price has retested the broken rising trend line where it found resistance. And double top pattern could be in the making.
In my view, the price is likely to test 1.1240 support level. And a break below it will confirm 1.1200.
A four-hour closing above 1.1290 will negate this scenario.
Best
Technician
In my view, the price is likely to test 1.1240 support level. And a break below it will confirm 1.1200.
A four-hour closing above 1.1290 will negate this scenario.
Best
Technician
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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.