EURUSD is currently in a relatively obvious downward channel. Today, the lowest fell to around 1.094. This is also the starting point of the last rise. There was support. It rebounded to around 1.098 and then fell back. From the trend point of view, it has not yet stepped out of the downward channel, but here A pattern similar to a double bottom appears.
If it can get support around 1.096, it will try the resistance around 1.098 again. The probability of breaking through is relatively high. The upper target is around 1.10, so my trading signal is to go long.
Trading Signals:
buy: 1.096-1.095
tp: 1.099
sl: 1.094
sell: 1.101-1.103
tp:1..099
sl:1.103
Traders, I hope my signals can bring you profits, if you like my views, please support me and follow me!
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