Daily chart is in a downtrend showing lower tops and bottoms. 

Watch for price to rally back to the 1.1664 to 1.1704 weekly/monthly resistance area.

Price failing at the 1.1664 to 1.1704 resistance area would present an ideal opportunity to sell for the next decline in line with the weekly double top pattern.

Long term price projection target for the weekly double top pattern remains at 1.1165.

https://acy.com/en/market-news/market-analysis/eurusd-strong-weeklymonthly-resistance-area-at-11664-to-11704-daily-forex-market-analysis-5th-october-2021-20211005102430

https://www.youtube.com/watch?v=j58AWxJnKLY

EURUSD Strong Resistance Area At 1.1664 to 1.1704

Duncan Cooper

Oct 06 2021