Euro / U.S. Dollar
Short
Updated

EURUSD at Resistance – Pullback Ahead?

181
Hello traders! What’s your take on EURUSD?

EURUSD is currently trading just below a key resistance zone, signaling a potential pullback. A double top pattern may be forming, suggesting the pair could correct before regaining bullish momentum.

We expect a short-term retracement toward the identified support levels before any continuation of the broader uptrend.

Despite this near-term weakness, our long-term outlook remains bullish. This pullback might actually present a better entry opportunity in line with the overall trend.

Do you see it the same way? Drop your thoughts in the comments! 💬
Trade active

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.