EUR/USD Double Bottom Pattern

2019-11-21 04:03:56

As shown in the chart, EUR/USD is trying to break the horizontal resistance and 100-MA resistance. Based on the double bottom pattern and XAU/EUR and XAU/USD analysis that I wrote before, I expect a downtrend for XAU/USD pair and an uptrend for XAU/EUR and consequently a downtrend for EUR/USD.