EUR/USD Daily

 The price is contained in a uptrend channel and is located near the 1.3240 resistance, while holding above both its MAs.

 Further downside is expected from the potential double top formation and a pending downside correction of the 1.2895-1.3308 ascendent wave.

 Sell at 1.3221 with a stop loss placed above the double top  and a target at 1.3050.

R:R 115/172

EUR/USD H4

 The price is contained in a uptrend channel and is located near the 1.3275 resistancet where it can form a potential double top, while holding above both its MAs.

 The 1.2882-1.3303 ascendent wave is also pending a downside correction.

 Sell at 1.3241 with a stop loss placed above the double top at 1.3346 and a target at 1.3071.

R:R 98/164

Goldenschild Asset Management

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