The double top is confirmed, now the pair is testing the broken neck. There is too much resistance above, It´s most likely to drop down to the next support level 1.997.
Note
Just added at the resistance:Note
Key moment, if the pair breaks up this important resistance, I'll take the loss and open a long position. Note
Well, the pair is hitting a weekly resistance, If it breaks through by the end of the week, I'll take a loss, but before that I want to see a big fat weekly candle cutting it through, other wise I hold.
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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.