End of day analysis for EURUSD 06-12-2017

Economies.com
2017-12-06 19:18PM UTC

The EURUSD pair begins the breaking process to 1.1808 level and attempts to hold below it, which activates the negative effect of the double top pattern and push the price for potential decline in the upcoming sessions, targeting testing 1.1679 level mainly, noting that closing the daily candlestick below 1.1808 will confirm the continuation of the expected bearish bias, while breaching it followed by breaching 1.1855 will reactivate the main bullish trend scenario again.

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