Pip.Gawd

EU Flag Pattern Breakout

Short
FOREXCOM:EURUSD   Euro / U.S. Dollar
We are looking at a breakout of the flag pattern that was forming on the EUR/USD pair. This coincides with the overall Head & Shoulders pattern that we can see on the Daily chart. Look for this pair to get to the 1.1450 area before finding some support. USD will continue to gain strength, in my opinion, up until we raise rates expected in December.

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