EUR/USD Forms Bullish Pattern Under Key Resistance

Discussion in 'Technical Analysis' started by Kaitlin, Apr 12, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
    Likes Received:
    EUR/USD has consolidated within the past week just under a major resistance zone around the 1.1450-1.1500 area. In the process, the currency pair has formed a key bullish flag pattern that could be poised for a breakout if the dollar continues its recent weakening trend.[​IMG]

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