As some of you have noticed, I have published in former publications the double top occurring on the pair.
The pair should stabilize around 1.22/1.22400 as there should be a technical support from the double top pattern.
Where to go from here ? Given the uncertainties which are linked to Italian elections in early March it could affect the EURO currency and push it down.
I am still bearish on EUR for next week.
If you haven't checked my earlier publications, have a look! And drop a message or a like ;)
Cheers
Jesse
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Price is capped in this channel. I am still not bullish and think it will go and test the bottom of the bigger structure at least.