The corrective momentum on EURUSD halted at the 1.0700 level, with the price currently forming a bullish pin bar candle. This creates a double pin bar pattern near the resistance level, indicating a potential resurgence of buying interest. Therefore, it's advisable to maintain your existing long position. If the price manages to break above the 1.0750 resistance level, you might contemplate adding a new order.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.