Eur/usd has broken away from its downward channel with a double bottom formation. Moreover, there is a clean break above 1.12 resistance region. A retracement back to 1.125 resistance broke support region for long limit would be a low risk trade.
Comment:
no signal. trade idea failed.
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.