EURUSD FORMED DOUBLE BOTTOM, WILL THIS BREAKOUT?
EUR/USD has formed a double bottom pattern and is currently positioned at a major support level on the hourly timeframe. This setup suggests a potential bullish rally, with a breakout above the consolidation resistance likely to signal upward momentum. If the breakout occurs as anticipated, a bullish trend could emerge, aiming to surpass resistance levels around 1.086 and 1.095.
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