It will be a flag pattern. I will trade in the resistance zone. For medium term, EURUSD will be down to 1.056, so I won't long at support trendline of this flag pattern for the next buy signal. I will wait for buying signal in support zone for exiting my holding position, instead. The previous article I said buy because this pattern still in a short period of...
No reason for EURUSD will be bullish for the future.
1) H&S pattern
2) ECB extended QE and rising of FED fund rate will be the opportunity to short EURUSD.
3) EURUSD went up from buy in fact when ECB extended QE was their expectation. And from tecnician who think it was a falling wedge. Now, everything for bullish is gone.
