EURUSD 4H SHORT

138
EURUSD 4H SHORT
The pair broke just exited a bullish channel and doing so broke the neckline of a double top, the pair now is doing a pullback to the neck line. The objective for the Double top is around 1.07074 that almost matches Fibo 38% in 1D chart, while the objective for the broken channel is around 1.051 taking the price to a strong resistance working now as support.

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.