EURUSD entered a retracement zone. If the price holds the double bottom support, we may see the bullish movement till 1.19000 as a retracement against the initial bearish move.
Now It is our level of comfortable whether we want to catch this bullish move or wait for the price to get a rejection near the 1.19000 level and then look for the sell setup to retest the low of the double bottom support.
Do not consider this as a piece of financial advice—this Above chart analysis based on experience with the combination of technical and fundamental Knowledge. Please follow proper risk management parameters to trade in the market.
Have a nice day.
The Financial Regime
Now It is our level of comfortable whether we want to catch this bullish move or wait for the price to get a rejection near the 1.19000 level and then look for the sell setup to retest the low of the double bottom support.
Do not consider this as a piece of financial advice—this Above chart analysis based on experience with the combination of technical and fundamental Knowledge. Please follow proper risk management parameters to trade in the market.
Have a nice day.
The Financial Regime