EURUSD- The bulls takes over the market.

2019-12-02 22:33:56

Just at the last minutes, the double has been spotted on the 4hours time frame of EURUSD. The price is still looking to break through the horizontal resistance. The double bottom spotted here is called ADAM ans EVE, because it has a sharp curved bottom and a rounded bottom. Traders are advised to wait for a valid breakout from the horizontal resistance before opening a long position.
Breakout level: $1.11012
Resistance 1: $1.11199
Resistance 2: $1.11471
Resistance 3: $1.11756
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Ideas published should not be referred to as an investment advice.
The above mentioned currency can be traded on primexbt.com