EURUSD D1 Price Action Analysis & Forex Signal

EURUSD currency pair has reached what appears to be the possible start of a double bottom pattern.  Price has been in a steady downtrend on the D1 timeframe and has reached a support level last reached in July 2017.

If price breaks and holds below 1.1300, then we may see a continuation to the downside, but if the support holds, then we should see a nice reversal to the upside.

EUR/USD Forex Signal

Long Entry – 1.1320 – 1.13445

TP 1 – 1.142247

TP 2 – 1.14861

TP 3 – 1.156845

TP 4 – 1.174212