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TiborVrbovsky
Jul 27, 2020 11:19 AM

EUR/USD with Bull flag bullish continuation.  Long

Euro Fx/U.S. DollarFXCM

Description

Hey, I am back with another forex idea, this time looking at EUR/USD pair.

I am still bullish on E/U as USD pairs are falling below support levels, DXY is below strong support level and EXY in uptrend, so why go against the trend?

EUR/USD is breaking out from a Bull flag, we are looking to buy the breakout confirmation 1.17100 - 1.17140 and long it all the way below 1.17600.

Good luck with your trading!

Trade closed: target reached

Have you catched the move? If not, you should consider following me so you don't miss out in future :)
+40 pips taken.
Comments
FXCM
Nice trade! Now that you've taken profits, we would love to hear the refreshed view you have on this pair!

What would be your view?
We aree currently intraday short!
TiborVrbovsky
@FXCM, Thanks a lot! I am posting analysis every working day around 2pm gmt +2, so stay tuned, today with another EUR/USD analysis.
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