Euro / DollaroShort
Eurusd downtrend
EURUSD
The market is in the range zone. The price formed a double top the went lower. The market is struggling to make a new high. The price will stay in the range until news comes out today. Furthermore, the market has made an impulse leg down from this resistance area before. I expect the price to fall from resistance and test the lower boundary of the range. My goal is to support 1.08845.
The market is in the range zone. The price formed a double top the went lower. The market is struggling to make a new high. The price will stay in the range until news comes out today. Furthermore, the market has made an impulse leg down from this resistance area before. I expect the price to fall from resistance and test the lower boundary of the range. My goal is to support 1.08845.
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