EUR/USD Flag Formation on lower time frame, LONG

Long

Euro / U.S. Dollar (OANDA:EURUSD)

Updated

OANDA:EURUSD Euro / U.S. Dollar

Chart Patterns

chartpattern

I think once Eur can push long to break out of flag pattern, we will then see a retest, then a continuation long.

Comment:

Eur has made its way lower breaking through the possible flag pattern. Let's see if it can reverse at its support around 1.13590.

Comment:

If you zoom back out you can also see it is retesting its downtrend that was broken thanks to the dovish news of the FOMC. I will most likely enter long if we close with a 4hr/Daily Bullish engulfing candle.

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