On the daily timeframe, we can see that every time EURUSD gave us a double top/bottom, it reversed from there.
We recently bounced off a double bottom indicating bullish strength. If there's enough buying pressure, we can break the descending wedge to go back to atleast the 1.19 level.
Trade idea: On lower timeframe watch for price to break the descending red trendline SL: Below the lows TP 1: 1.168 (120pips) TP 2: 1.19 (300pips) TP 3: 1.225 (700pips)
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