Euro / Dollar Américain
Long
Mis à jour

EURUSD BULLISH CONTINUATION

We identified a potential reversal signal in the EUR/USD market, as a W pattern (Double Bottom) has formed. After a recent decline, the price has bounced off a strong support level, creating two distinct lows. The W pattern suggests that the downtrend is losing momentum, and a reversal might be imminent.

Key levels to watch:
- Resistance: 1.05903 (previous high)
- Support: 1.04818 (W pattern low)

A break above the resistance level could confirm the reversal, while a break below the support level might invalidate the pattern. I'll be monitoring the price action closely for further developments.

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