EURUSD Analysis

Bullish pennant indicated a bullish push towards 61.8 key resistance level. The price went down and retested the resistance line before going down again creating a double top pattern. This indicates bearish momentum and a reverse in the overall bullish trend. The price has already retested the neckline and I expect a bearish push down to 1.2370.
Chart PatternsTechnical IndicatorsTrend Analysis

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