EURUSD Rangebound After Forming a Double Top

<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2022/03/f-eur200.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/uploads/2022/03/f-eur200.jpg 612w, https://www.actionforex.com/wp-content/uploads/2022/03/f-eur200-600×400.jpg 600w, https://www.actionforex.com/wp-content/uploads/2022/03/f-eur200-150×100.jpg 150w, https://www.actionforex.com/wp-content/uploads/2022/03/f-eur200-300×200.jpg 300w" sizes="(max-width: 612px) 100vw, 612px" /></p>
<p>EURUSD gets rejected a tad below its recent 4-month peak A failure to claim that level could validate a double top structure Momentum indicators lose steam but remain positive EURUSD experienced a solid correction from its recent four-month high of 1.1016, but the pair managed to erase most of it, following a decisive break above the 200-day simple moving average […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/532781-eurusd-rangebound-after-forming-a-double-top/">EURUSD Rangebound After Forming a Double Top</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>

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