ChristieCapital

is the EUR/USD ready to launch?

Long
FOREXCOM:EURUSD   Euro / U.S. Dollar
A cup and handle continuation pattern may be forming. Price action has been consolidating since the prior uptrend took a pause. A break above key resistance at 1.1423 (Green line) could pave the way for a momentum trade towards March highs around the 1.1495 level and could signal a resumption of the uptrend in the EUR/USD.

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.