EURUSD Week 46

Hi,

We are seeing a pullback in the eur here after a completed double top pattern. The market remains bearish as it is below the monthly pivot.

If we can break above the 110650 level and the pivot, we look at 111222 and 111798 as buying targets.

Otherwise, I see the market ranging between 110650 and 109927.

All the best,
Tan