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DennisDims

EURUSD BULLISH CORRECTON

Long
Euro / U.S. Dollar (OANDA:EURUSD)  
DennisDims  
OANDA:EURUSD   Euro / U.S. Dollar
Double Top or Bottom Trend Analysis Harmonic Patterns EURUSD retracement supportandresitance pivot
5
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doubletoporbottom trendanalysis harmonicpatterns eurusd retracement supportandresitance pivot
EURUSD is in a strong downtrend but is currently consolidating on the monthly support.

The double bottom pattern and RSI bullish divergence on H4 suggest a short-term retracement.

A break above today's high will rally the price towards 1.07 which is the monthly pivot/50% fib retracement.

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