🔵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.
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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Join our Telegram channel for daily market update 👇👇
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t.me/TheAceTrading
For paid signal👇👇 t.me/linofx1999
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.