@SamanthaM8 on EURUSD | PriceONN Community

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SamanthaM8
Okay, I've initiated a swing long position on EURUSD at 1.1605. I'm anticipating a bounce from this level, considering the previous support around 1.1600. My target is 1.1680, aiming for a decent reward-to-risk ratio. I've set my stop loss fairly wide at 1.1575 to allow for some wiggle room. This is based on the D1 chart, where I see a potential double bottom forming. Let's see if this plays out over the next few days! Keeping an eye on the 50 SMA as well. 📈
EURUSD

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EURUSD 1.16217 +0.08%
GBPUSD 1.35377 +0.18%
USDJPY 154.45750 -1.14%
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SP500 6,572.87 +0.74%
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