EUR/USD: "Double Top" pattern

EUR/USD: "Double Top" pattern

4-2-2018-EUR-H4 (1).png

The main trend is still bullish, but there's a "Double Top" pattern, so the market is likely going to test the nearest support at 1.2384 - 1.2358. If a pullback from this area happens little later on, there'll be an opportunity to have another upward price movement.

4-2-2018-EUR-H1 (1).png

We've got a "Double Top" pattern, which has been confirmed, so the price is consolidating. The main intraday target is the closest support at 1.2408 - 1.2398. This area could be a departure point for another upward price movement.

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