EURUSD - potential breakouts — Euro Fx/U.S. Dollar (FX:EURUSD) / 2015-07-04 — Meneltar

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Euro Fx/U.S. Dollar (FX:EURUSD)

FX:EURUSD Euro Fx/U.S. Dollar

usd-us-dollar breakout

Friday formed a flag.
- If the price breaks 1.103 support line I will short down to 1.081 or further. By breaking 1.081 support line, the support trendline (green) will also break. That could send the price far bellow.
- If the price breaks 1.112 resistance line I will long up to 1.143.
- Keep hagopian lines (pink) in mind for both scenarios. In case the price bounces against the hagopian line, get out.

Don't rush in until the breakout is confirmed.

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