Euro / U.S. DollarShort
EURUSD Short Opportunity
Updated
After over a year of consolidation, this pair seems to have broken to the downside. Price has broken through the last two levels of structure and is coming back to test the most recent level of support. Price has formed a double top at structure and I'll be waiting for a valid entry reason. We also have a 38.2% and 61.8% retracement line up near structure. Targets are at previous structure support.
Note
I forgot to mention that there is also bearish divergence on the RSI under our double top!
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