Price & Pattern: EUR/USD at 1.08397. 4H chart shows double top rejection, followed by resistance breakout—bearish indication.
Technical Implications: Pattern suggests potential bearish reversal, favoring sellers.
Demand Zone: Approaching demand zone, but bearish bias persists.
FOMC Impact: Pending FOMC news could strengthen USD (DXY index)—further downside pressure on EUR/USD likely.
Anticipated Movement: Downside risk prevails, especially post-FOMC, aiming for bearish targets.
If you like my idea please boost comment and follow for more informative ideas thanks for support
Technical Implications: Pattern suggests potential bearish reversal, favoring sellers.
Demand Zone: Approaching demand zone, but bearish bias persists.
FOMC Impact: Pending FOMC news could strengthen USD (DXY index)—further downside pressure on EUR/USD likely.
Anticipated Movement: Downside risk prevails, especially post-FOMC, aiming for bearish targets.
If you like my idea please boost comment and follow for more informative ideas thanks for support
Trade chiuso manualmente
