EURUSD, Euro - US Dollar: Rising Flag

2020-02-05 02:30:25

FX:EURUSD
Clear Rising Flag in the bearish trend on this cross, in which we could have a break-down of the first level of support, at 1.0895, tested twice, which would take us to the historical levels between 1.07 and 1.06. Or there could be a potential reversal if the Flag would break-up, which would find many levels of resistance to overcome.
We monitor as always and wait for the signals that give us the price action and alerts set.

Good Trading to All!