EURUSD Weekly Candle Fakey

After dropping from the Double Top formation last month, EURUSD now seems to probe its way from the near term support around 1.2204 almost passed through that level but closed above it.

Meanwhile, there's an obvious fakey pattern in the weekly chart stopping out traders. Another indication that price might trampoline towards near term resistance 1.2552?

To know more about price action analysis, kindly click visit my blog at:
livetotradefx.blogsp.../search/label/EURUSD

Thanks for reading.