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RamziAbouAbdallah-CMT

EUR/USD bearish flag

Euro / U.S. Dollar (FX:EURUSD)  
RamziAbouAbdallah-CMT  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators EURUSD EUR USD dollar euro eurodollar
3
0
trendanalysis chartpattern indicator eurusd eur usd dollar euro eurodollar
This chart above validates a bearish view on the pair, the bearish flag.
A breakout of this flag takes the Fiber to 1.11670 (previous support).
Resistance 1 (upper flag line): 1.1250
Resistance 2 (upper trend line resistance-previously support): 1.1250
Resistance 3 (Downtrend line from 1.1430 June high): 1.128-90
SMA 20: 1.126
Good luck
Ramzi Abou Abdallah, CFTe, CMT

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