Exhausted, Overextended & Double Topped: Oh My!

2020-03-08 08:15:57

EURAUD made a ludicrous 1000 pip run from the 1.61 level and handly pulled back. Price finally gave sellers a hand in the markets at the 1.71xx handle and is now making a double top offering a second chance to enter.

There is an abundance of unsettled bank liquidity below that needs to get clapped.

Targets: 1.676, 1.658, 1.645, 1.63178