EURUSD LONG

٨ نوفمبر ٢٠٢٣

I am considering a long trade on EUR/USD from the current daily support zone. We can expect a trend-following trade as we observe daily candle rejections at this support level. Additionally, when looking at the 1-hour chart, a double bottom pattern has formed with its neckline broken to the upside, and we are now waiting for a retest for entry.

ENTRY: 1.0685,
STOP LOSS: 1.0655,
TARGETS: 1.0721 and 1.0751.