Yesterday was first day of month and EURUSD rebounded in between 1.1650 to 1.17 range even after NFP. Now I expect that on Monday, it will break above 1.17 level, else if it break below 1.1650 again, it will move more downward as i has been seen that there is enough resistance on daily chart. But looking at weekly chart, it shows support at current level and it formed double bottom pattern.

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