EU is in an uptrend.
Chart below:
Price has pulled back and formed a double bottom.
Price has now broken back up through the averages and I am looking for a long position as detailed below.
Levels and Chart below:
1st Entry: 1.3495
2nd Entry: 1.3490
Averaged entry: 1.3492
Stop Loss: 1.3470
1st Target: 1.3602 (5%)
2nd Target: 1.3700 (Previous high 9.2)
I will update again should the position be opened.
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