VIDEO ANALYSIS: EURUSD BOUNCES...
In this video update, we take a look at EURUSD as price reacts from the key lows yet again.
This is due to a sell-off in the USD as the USD index reacts from the weekly highs. This
current price action suggests we could be forming a double bottom pattern.
If the daily candle does close bullish look for short-term long positions into the trendline resistance.
This is due to a sell-off in the USD as the USD index reacts from the weekly highs. This
current price action suggests we could be forming a double bottom pattern.
If the daily candle does close bullish look for short-term long positions into the trendline resistance.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.