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Gold-Tech

EURUSD could stage a collapse to 1.065

Short
Euro / U.S. Dollar (FX:EURUSD)  
Gold-Tech Updated   
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators EURUSD DXY Symmetrical Triangle Descending Triangle Support and Resistance Contains image
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trendanalysis chartpattern indicator eurusd dxy symmetricaltriangle descendingtriangle supportandresistance containsimage
EURUSD is encountering strong resistance at 1.08883 level
After a false breakdown, a retest and reversal candlestick pattern is formed.
After breaking the downside resistance, the price does not go up and most likely will not be able to do so.
On Thursday, news may be released that could reinforce the decline.
If the price returns in the pattern boundaries, but we should expect a decline to 1.065.
Comment:
Keep on keeping on!
Trade closed: target reached
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