ConanForex

Signal to buy EURUSD according to the Flag pattern

Long
ConanForex Updated   
FX:EURUSD   Euro / U.S. Dollar
Dear traders! We see a correction in the descending price channel starting to appear on H4 and reaching 1.0855. But at the same time there is a flag pattern with a bullish price target gradually forming on the chart that usually determines our medium-term outlook. The key support at 1.083 could serve as a launching pad for the pair's next move.
It is expected that the price will recover after the correction and reach the upper channel limit and retest the 34.89 EMA levels.
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