EURUSD (1.1565): The EURUSD currency has formed a double top pattern on the 4-hour chart. Price action spiked through this level yesterday before giving up the gains. We expect a retest of the support area near 1.1547 – 1.1525 level. If this support gives way, the common currency could be seen pushing lower. We anticipate that the EURUSD would test 1.1500 level to establish support ahead of potential further gains in store.
