• Vasily Trader

EURUSD: Short Signal From Key Level (forecast)

🔻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