RLinda

EURUSD ! Price in accumulative flat. Where shall we go next?

Short
FX:EURUSD   Euro / U.S. Dollar
EURUSD after changing the phase of the falling market goes into the phase of consolidation after the breakdown of the resistance of 1.0655. Cumulative flat 1.0745-1.0655 allows the instrument to accumulate energy for further movement. The boundaries of the accumulative flat are working out very clearly and now, after a false breakout, the price is consolidating under the level.

I expect EURUSD to fall from resistance, after fixing below the level to a short-term target - the support zone of 1.0655.

Sincerely, R. Linda!

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