Daily bias is bearish
Fundamentally align with EUR weakening and USD still strong
H4 bias is bearish. Double top pattern formed. With break of support level from H4.
H1 retest H4 broken support level in green.
H1 went into consolidation.
H1 price action broke out of consolidation to continue bearish movement.
Short from H1 broken support level with SL above consolidation.
TP next swing low for continuation.
Fundamentally align with EUR weakening and USD still strong
H4 bias is bearish. Double top pattern formed. With break of support level from H4.
H1 retest H4 broken support level in green.
H1 went into consolidation.
H1 price action broke out of consolidation to continue bearish movement.
Short from H1 broken support level with SL above consolidation.
TP next swing low for continuation.
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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.