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rafei

EURUSD_1D_Buy

Long
Euro / U.S. Dollar (OANDA:EURUSD)  
rafei Updated   
OANDA:EURUSD   Euro / U.S. Dollar
Double Top or Bottom EURUSD LONG
2
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doubletoporbottom eurusd long
Now, the 1.12 zone is a double bottom and a strong support zone. On the other side, the US-Index is reaching its strong resistance zone (97 and 97.5). So, I think the next move will be toward 1.14 resistance zone and now I suggest a buy setup for this most popular pair.
Comment:
Please consider the red-dash descending trend line:

snapshot
Trade active:
Very good, the upper descending trend line was broken and the new ascending trend is started.

Follow the green upward channel.
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