EURUSD: Bearish Signal Confirmed
📉 **EUR/USD Update**
Two strong bearish confirmations have emerged on the EUR/USD chart following a brief pullback to a key horizontal resistance level that was recently breached.
The price has now fallen below the neckline of a cup and handle pattern as well as the support line of a rising wedge pattern.
This suggests further downward momentum, with the potential for a new lower low.
Two strong bearish confirmations have emerged on the EUR/USD chart following a brief pullback to a key horizontal resistance level that was recently breached.
The price has now fallen below the neckline of a cup and handle pattern as well as the support line of a rising wedge pattern.
This suggests further downward momentum, with the potential for a new lower low.
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