EURUSD is retesting a strong horizontal structure resistance.
That structure matches with 382 retracement of the last bearish impulse.
On hourly the price has formed a double top formation with a lower high.
Just recently its support has been violated and then we saw a neckline retest.
Now I expect a bearish move.
T1 - 1.2
T2 - 1.196
Comment:
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