🔸4H CHART EXPLANATION:
.
.
🔸Price made a double top pattern at the Resistance Zone.
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🔸It has broken the Ascending Trendline).
.
🔸We observe that the Support Zone has been also broken. We consider that this pair has potential to make a downside move towards the next Support Zone at 120.500.
.
🔸 Will look for a lower timeframe bearish setup.
🔸DAILY CHART ANALYSIS:
.
.
🔸Price made a double top pattern at the Resistance Zone.
.
🔸It has broken the Ascending Trendline).
.
🔸We observe that the Support Zone has been also broken. We consider that this pair has potential to make a downside move towards the next Support Zone at 120.500.
.
🔸 Will look for a lower timeframe bearish setup.
🔸DAILY CHART ANALYSIS:
