@anitareddy81 on EURUSD | PriceONN Community

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Is anyone else seeing a potential double bottom forming around the 1.1675 level on EURUSD? 🤔 I'm still learning about chart patterns, so I'm not completely sure. If it does form, would that be a good entry point for a long position? What are your thoughts on the risk of a false breakout? 😬
EURUSD

Replies (1)

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anitareddy81 PRO newbie Mar 3
Update: The double bottom I mentioned earlier seems less likely now. 📉 EURUSD broke below 1.1675 support. I'm thinking it might test the next support around 1.1660. Should I adjust my strategy or wait and see? 🤔 Any advice would be appreciated. 🙏
EURUSD 1.16268 -0.03%
GBPUSD 1.34411 -0.16%
USDJPY 159.85650 -0.01%
XAUUSD 4,467.50 -0.45%
XAGUSD 73.56 -2.05%
BTCUSD 62,822 -7.05%
SP500 6,572.87 +0.74%
BRENT 98.91 +0.03%
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