Durning the yesterday's USD news we got a second rejection of a 1.155 zone on EURUSD 0.54% , which is also a weekly support.
That gives us a nice double bottom and shows us a possible moove to the up side(a bigger correction before continuation).
I will be watching the pair if it breaks the trendine i am going to wait for the flag and enter a buying position.
Do not jump into the buys before the trendline is broken becouse this might allso be a bigger consolidation. If the trendline gets broken my target is around 1.195 - 1.2
That gives us a nice double bottom and shows us a possible moove to the up side(a bigger correction before continuation).
I will be watching the pair if it breaks the trendine i am going to wait for the flag and enter a buying position.
Do not jump into the buys before the trendline is broken becouse this might allso be a bigger consolidation. If the trendline gets broken my target is around 1.195 - 1.2