talba

EURUSD STILL BULLISH, TESTING RESISTANCE WITH HIGHER LOWS

Long
FX:EURUSD   Euro / U.S. Dollar
EURUSD IS STILL BULLISH. WHILE IT FAILED TO BREAK OUT ITS FLAG PATTERN FROM A FEW WEEKS BACK. BULLS SEEM TO HAVE BEEN TRYING TO BREAK THE RESISTANCE AT 1.13500 WITH THEM ULTIMATELY BEING IN CONTROL DRIVING PRICES AT HIGHER LOWS, CONFORMING A POSSIBLE ASCENDING TRIANGLE PATTERN.

BUY ENTRY AT THE BASE AND RETRACEMENTS.
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.