Euro / U.S. Dollar
Long

EURUSD: Very Bullish Pattern

432
🔵The EURUSD has been in a bullish trend for the long term, with a new higher high set in August followed by a correctional movement.

A bullish flag pattern has formed, leading to a minor bearish trend. However, the pair has started to rise again since last week.

If the resistance of the flag is broken by the bulls, it could lead to a trend-following movement. The next target is 1.1200.

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