The EURUSD is ready to go up.

According to the chart, I think the EURUSD will go in the downward direction up to the next support level at 1.16900 and then bounce back in the upward direction up to the next resistance level at 1.19050 and it will form a double bottom pattern. Please keep in mind that this is just an idea and I don't promote anyone to place any trade.
Please share your thoughts on this analysis.

Thank you!
Happy Trading!