Elemont

EURUSD FORECAST

Long
FX:EURUSD   Euro / U.S. Dollar
EURUSD recently touched the bottom of a major flag pattern on the Daily and has now formed an uptrend on the 1H chart. We expect price to continue heading upwards, using the orange trendline as a stop loss.

If price breaks the orange trendline today/very soon, we may see the major flag pattern break lower

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