Showing posts with label Double Bottom. Show all posts
Showing posts with label Double Bottom. Show all posts

EURUSD may find support now?

Strong USD push down the week Euro, now trading at 1.158. As it nearing yesterday low here it also forms a dounle bottom. It could possibly be a double bottom. But without any strong support signal going long could be fatal.
EURUSD 1 hour chart double bottom

Better wait for any strong reversal sign before going for any long position.