Pjorge89
Long

Pennant Break to the Upside (likely expected) EUR/USD

FX:EURUSD   Euro Fx/U.S. Dollar
Higher highs, Higher lows,Ascending trend line looking to retest the 1.1450 resistance.
Although there has been a very LONG bearish trend on the euro/dollar, despite the Greek conflicts, my supply demand rule would apply to this trade.
2 Scenarios:
1.Break of the triangle (Break of 1.1450 will Lead us to 1.20.
2.Break of ascending trend line to the downside will lead us to 1.05
I am expecting a break to the upside.
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