The EUR/USD is currently trending downwards after forming a double top on the weekly chart back in June 2021.
It has formed a bearish engulfing candle on the daily chart after testing the 1.17 zone which lines up with the weekly downtrend line.
It has a stong chance to drop down to test the old resistance level of 1.14 from here.
It has formed a bearish engulfing candle on the daily chart after testing the 1.17 zone which lines up with the weekly downtrend line.
It has a stong chance to drop down to test the old resistance level of 1.14 from here.