Daily TF indicates a reversal from the double bottom and is looking to be bullish up to the resistance at 0.5441 (D1) where the MA100 is still on a strong steep downtrend with MACD and stoich RSI above the 50% line; strike buy price above the MA100 and VWAP at 0.5382 (H1);
EURUSD started to reverse on a bearish engulfing at a strong supply zone after a rising channel breakdown and trendline breakdown; target sell at 1.088 strick price and TP1 at 1.0730 and TP2 1.060 where there is a strong demand zone or support.
