EURUSD: Short Signal From Key Level

EURUSD is retesting a strong horizontal structure resistance.
That structure matches with 382 retracement of the last bearish impulse.

On hourly the price has formed a double top formation with a lower high.
Just recently its support has been violated and then we saw a neckline retest.

Now I expect a bearish move.

T1 - 1.2
T2 - 1.196

Yorum:

Check my new analysis on OIL: