EURUSD: Very Bullish Pattern
🔵The EURUSD has been in a bullish trend for the long term, with a new higher high set in August followed by a correctional movement.
A bullish flag pattern has formed, leading to a minor bearish trend. However, the pair has started to rise again since last week.
If the resistance of the flag is broken by the bulls, it could lead to a trend-following movement. The next target is 1.1200.
A bullish flag pattern has formed, leading to a minor bearish trend. However, the pair has started to rise again since last week.
If the resistance of the flag is broken by the bulls, it could lead to a trend-following movement. The next target is 1.1200.
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