By the looks of it, price made a clean double bottom after it reached the support area of 1.34200. Now price looks like it will make an inverse head & shoulder pattern. If the pattern does hold, I’m expecting price to reach the resistance area of 1.39000.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.