EURUSD: Detailed Structure Analysis 🇪🇺🇺🇸

5 thg 11, 2023

https://www.tradingview.com/x/bjRX8Uha/

Here is my latest structure analysis for EURUSD.

Resistance 1: 1.0736 - 1.0775 area
Resistance 2: 1.0920 - 1.0946 area

Support 1: 1.0668 - 1.0695 area
Support 2: 1.0495 - 1.0536 area
Support 3: 1.0447 - 1.0468 area

Consider these structures for pullback/breakout trading next week.

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6 thg 11, 2023

Ghi chú

The price formed a tiny double top pattern, testing the horizontal resistance.
Bearish breakout of a neckline of a double top will give you a strong bearish confirmation.