As DXY is looking to be bullish for next week, we are expecting a bearish reversal for XXXUSD pairs including this EURUSD pair. Price has formed a possible double top pattern on the weekly resistance level. Now, here on the 4H time frame we can see an inside bar candlestick reversal pattern. Expecting a formation of lower low and lower high before considering a short entry.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.