EURUSD analysis - price re-enters range

١٦ أغسطس ٢٠٢٢

Price is back in the trading range highlighted between the blue lines. The double top and alt-ABCD pattern gave signals of a bear trend that is shown now. Price is approaching significant lows and if price breaks those levels then it is probable that price will continue bearish and my current bias for EURUSD is bearish.