Two important factors right now that show weakness of EUR/USD long-term

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Two important factors right now that show weakness of EUR/USD long-term

#OPINIONLEADER##EUR/USD#First, we see creation of a double top on the daily time frame and it is a strong reversal pattern that can dump price hard and whenever the price is below this daily resistance 1.2340 then this pattern is forming and is still valid.

The second one is that red trendline that is forming and can dump price easily like previous time so first resistance zone is here and then again as we said another one is around 1.2300 zone if it reaches.

targets and supports ahead:

A. 1.2050

B. 1.1960

Do your own decision and have a good day!

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