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