EURUSD MOVE IN 2ND WEEKEURO / U.S. DOLLARFX_IDC:EURUSDthebear1995🔍 Preliminary Technical Analysis: 1. Short-term Trend: The pair appears to be undergoing a corrective move downward after a clear upward trend from around 1.1200 to above 1.1500. 2. Nearby Resistance: Located in the 1.1450 to 1.1500 area. 3. Nearby Support: The 1.1350 level is acting as a potential support; breaking below it may push the price toward 1.1300 or even 1.1250. 4. Price Pattern: There's a possibility of a double top formation or a corrective ABC pattern. 🧠 Likely Scenario (Not Guaranteed): If the price continues to move below 1.1450 and fails to form higher highs, we might see a further drop toward: Target 1: 1.1350 Target 2: 1.1300 However, if the price breaks above the 1.1450 area and holds, an upward move toward 1.1500 and possibly 1.1550 could occur. 🛠️ Recommendations: Watch how the price behaves around 1.1350: Is there a reversal candle pattern or a strong breakout? Use supporting indicators like RSI or MACD to confirm momentum. Avoid entering trades without confirmation from candlestick patterns or breakouts.