EUR/USD -30/11/2022-
• Rejection at the 200 MA
• Double top pattern on daily chart with neckline around 1.02
• Bears are in control, aim the ascending channel and a break of the neckline
• Resistance at 1.0480
• If neckline is broken successfully, market will test parity level again and lower
• Double top pattern on daily chart with neckline around 1.02
• Bears are in control, aim the ascending channel and a break of the neckline
• Resistance at 1.0480
• If neckline is broken successfully, market will test parity level again and lower
Ramzi Abou Abdallah, CFTe, CMT
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