We saw a test of 20ema on daily tf from a very strong trend,usually the first trend line break fail and first test of 20ema is sold from the bears...If support at 1.322 is broken we may see it fall till 1.306 -1.31. From that point we have to look carefully if a broad channel may form or bulls may try to make a major trend reversal. Double Bottom from here may be confirmed only in case price goes above 1.338 and stay above it. Being this analysis on Daily tf it may take 5 to 10 bars before take new decision. Let's see first if support holds or not. Manage your risk first of all. "A coin always have two side" Cheers and good Luck!