EUR/USD Price Analysis: Consolidation plays out near critical resistance By ross_burland EURUSD Technical Analysis
, called out the possibility fo a test through 1.14 the figure but highlighted the downside risks and highlighted the significance of any signs of exhaustion in the current correction.
Meanwhile, those on the lookout for signs of exhaustion in the price action will note the double top formed on the hourly chart:The price is testing daily resistance and if this holds, the focus will be on the downside. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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