EUR/USD: 'V-Top' led to decline

EUR/USD: 'V-Top' led to decline


The last 'V-Top' pattern led to the current decline. It's likely that the market is going to test the next support at 1.2003 - 1.1975. A pullback from this area could be a departure point for a bullish correction.


The market has been declining since the last 'Triple Top' formed under the Moving Averages. The main intraday target is the next support area between the levels 1.2003 - 1.1975.



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