Intraday Elliottwave Analysis: EURUSD, a double bottom formation?
|EURUSD formed a potential double bottom around 1.1500.
Price also threatened to close above H4 upper bands.
Daily oscillators also threaten to cross-over from their range low.
We'll tactical long at 1.1595 and will add or reduce according to H4 bands.
Daily support levels: 1.1556 1.1530 1.1505
Dialy resistance levels: 1.1636 1.1665 1.1682
Intraday Trade Idea: (spot 1.1609)
Sell Latentinterest Order: 1.1682
Buy Latentinterest Order: 1.1595
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