Tradeciety

Triple top range before ECB event

CME:E61!   None
The EURO has put in a temporary consolidation ahead of the ECB event later today.

Once you zoom out, you'll see that there is significant room for the EURO to move higher.

But a break below 1.19 could start a new bearish phase and the triple top shows temporary exhaustion of the bulls. There hasn't been a bearish phase in quite some time.


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