Euro / U.S. Dollar
Updated

2 possible scenarios for EURUSD

78
On longer TFs we see breakout, however, short term we may see correction to ~1.6, if the bear flag breaks down. However, long term, this is a buy.
Note
Of course, the 3rd scenario is BO from current price, although it should be less likely at this point imo, but what do I know :)

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.