SamKent
Long

EUR/USD flag pattern

FX:EURUSD   Euro Fx/U.S. Dollar
638 0 3
The EUR/USD             is looking to break a bullish flag, providing an opportunity to long the pair with the target back at the 1.2553 highs. This would complete an ABCD pattern , on the back of the 61.8% retracement holding. Ultimately, at that point, we'd be interested sellers, as we don't believe this pair has the legs to go on a bigger bullish move.
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