Euro / U.S. Dollar
Short

EURUSD ! Price in accumulative flat. Where shall we go next?

455
EURUSD after changing the phase of the falling market goes into the phase of consolidation after the breakdown of the resistance of 1.0655. Cumulative flat 1.0745-1.0655 allows the instrument to accumulate energy for further movement. The boundaries of the accumulative flat are working out very clearly and now, after a false breakout, the price is consolidating under the level.

I expect EURUSD to fall from resistance, after fixing below the level to a short-term target - the support zone of 1.0655.

Sincerely, R. Linda!

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