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long1996

EU Analysis - Long

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Euro / Dolar A.S. (FX:EURUSD)  
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FX:EURUSD   Euro / Dolar A.S.
Candlestick Analysis Flag Support and Resistance
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candlestick flagpattern supportandresistance
snapshot
Daily: The pair is currently in a correction rally (short term uptrend), which means the pair could possibly rally higher. The pair has consolidated on 1.17500 as it formed a bullish flag. The upside target would be Key level 1.19 & 1.2. Look for favorable entry on H4.
H4: The pair has broken out of the bullish flag with a strong Hammer formation. It has retested the support at 1.17500 & the channel structure. Look for chance to entry the trade.
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long1996
EU Analysis
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