EUR/USD: 'V-Top' pattern

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23-8-2018-EUR-H4.png

There's a 'V-Top' pattern, which highlights an opportunity to have a local downward correction. The main intraday target is nearest support at 1.1529 - 1.1508. A pullback from this area could be a departure point for another upward price movement towards the next resistance at 1.1627.

23-8-2018-EUR-H1.png

We've got a 'Triple Top', which has been confirmed enough, so the price is declining. In this case, we should keep an eye on the closest support at 1.1540 - 1.1508 as a possible support, which could lead to another bullish really.

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