EUR/USD probable trading plan, March 31, 2025 #EURUSD #forextrading #forexanalysis

EUR/USD is correcting downward. It is more likely to reach at least the target of double top as shown in the graph below

Recent downward move --shown in the greenish ellipse below -- is faster & bigger than the previous one, which may cause the pair to break the up-moving channel. Even if it closes an H1 candle below 1.07910, the strength of bears will prove to be bigger, which will establish a stable bearish scenario. If this downward breakout takes place, it will move the EUR/USD to the aforementioned double top target of D1 timeframe.

Risk: Today's D1 closure as a bullish candle will invalidate this setup.