EUR/USD: 'V-Top' pattern

EUR/USD: 'V-Top' pattern


The main trend is still bullish, but there's an opportunity to have a bearish correction in the short term. So, we should keep an eye on the nearest support at 1.2412 - 1.2387 as an intraday target.


There's a "V-Top" pattern, so the pair is likely going to test the closest support at 1.2412 in the coming hours. If a pullback from this level happens little later on, there'll be a moment to have another upward price movement.



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