SamKent

EUR/USD Flag Breakdown Plan

Short
FX:EURUSD   Euro / U.S. Dollar
1
We're following the EUR/USD on the hourly, looking at this flag pattern to continue for now, we'd be interested sellers at around the 1.2742 handle, with our target at around the 1.2573 mark. The current momentum is bullish as indicated by the stochastic pointing upwards, so we'd be looking for a momentum reversal to back up our trading plan.

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