REDATOR Ben Graham Posted December 24, 2025 REDATOR Report Share Posted December 24, 2025 EUR/USD is trading at 1.1790, showing signs of exhaustion in its upward momentum. Hence, a technical correction is expected in the coming days, which could reach the 200 EMA around 1.1670.On the H4 chart, we can see that the euro has formed a double top pattern, which could mean a strong technical correction in the coming days.If the euro price consolidates above 1.1800, we could look for opportunities to buy, and the euro could reach 1.1840.The euro could encounter strong resistance around 1.1840 or 1.1800. A move below both levels could be seen as a signal to open short positions, and the euro is expected to reach the psychological level of 1.1500 in the medium term.Our outlook will be bearish, and as long as the euro trades below the double top pattern, we will target 1.1779, 1.1756, where the 21SMA is located, 1.1718, and finally 1.1670.The material has been provided by InstaForex Company - www.instaforex.com Visitante_d4d15f37 1 1 Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Liked! × 💬 Did you like this content? Your feedback is very important! Liked! Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Quote Link to comment Share on other sites More sharing options...
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