The recovery in the EUR/USD counter wasn’t able to sustain as the price formed a double top pattern.
Now the pair is currently trading below the critical level of 1.10727, which can cap any bullish rally.
We expect the pair to head to the support level of 1.09927 for now.
Now the pair is currently trading below the critical level of 1.10727, which can cap any bullish rally.
We expect the pair to head to the support level of 1.09927 for now.