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FX.co ★ EURUSD within descending wedge pattern! Drop incoming!

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Forex Analysis

2021-07-21T05:13:04
iconRelevance until2021-07-22

EURUSD within descending wedge pattern! Drop incoming!

EURUSD forming a descending wedge pattern. With technicals showing room for further bearish momentum, a drop below 1st resistance at 1.17862 towards 1st support at 1.17557 could be possible.

EURUSD within descending wedge pattern! Drop incoming!

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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