The EURUSD had the possibility of forming a falling wedge pattern. If that is possible, then we may see a reversal to the uptrend. However, we may also see a double bottom first before reversal. Price resistance at 1.318 and support at 1.308.
The EURUSD is now at the bottom of the trendline and may rise. Price is forming a doji a daily candlestick yesterday.
By The Backyard Burner
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