EURUSD has been trading sideways in the past 3 days until Friday last week. Anything goes this week can be a drop to previews low to complete a double-bottom or a breakout upward that takes the price back inside the bullish channel. I would like to see a double-bottom before the price recovers.
Bullish Scenario, with target at 1.5164 Bearish Scenario, with target at 1.12370
Disclaimer: This technical analysis is not to be treated as financial advice but solely for educational purposes only.