The EUR/USD pair has recently encountered significant downward pressure, breaching key support levels.
A double bottom pattern, a classic bullish reversal formation, has formed within the downtrend indicating a potential exhaustion of selling pressure.
We can expect a retracement towards the broken support at 1.07257.
A double bottom pattern, a classic bullish reversal formation, has formed within the downtrend indicating a potential exhaustion of selling pressure.
We can expect a retracement towards the broken support at 1.07257.
Đóng lệnh: đạt mục tiêu
It is prudent to wait for confirmation of a reversal on lower timeframes before executing orders.