EUR/USD Started Falling after Forming a Double Top

Although EUR/USD has been moving to the upside for the past day or so, which has been part of the overall medium-term bullish trend, the pair finally found some resistance at 1.0810, formed a double top at that level, as well as a hanging man candlestick on the one-hour time-frame and a spinning top candlestick on the four-hour time-frame and started moving to the downside. The pair is still quite bearish and its closest target is the support at 1.0740, which coincides with the (MA)89 indicator on the one-hour time-frame again. A breakout below that level will likely lead to a further move to the downside towards 1.0680, which is the same indicator but one the larger, four-hour time-frame.