Market Overview for Monday, July 29: Where is the pullback of the ERA double bottom structure?

ERA started to pull back after multiple resistances at 1.4249, and the support at 13508 did not hold effectively. It is currently oscillating within the range of 1.2637-1.3508, and within this oscillation range, there are opportunities for high selling and low buying.
Wait for ERA to pull back to 1.2637 without breaking or a false break to go long in the trend, with a stop loss at 1.224, and targets at 1.3254 and 1.3629; on the contrary, wait for a right-side breakthrough at 1.3508 to drop back in the trend to go short, with a stop loss at 1.3789, and targets at 1.2824 and 1.2637.
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