After breaking above the bullish flag following Friday's NFP report, EUR/USD reached a high at the important 1.10 level before beginning a correction.
The recent decline is contained within a falling wedge pattern, which could signal a continuation of the uptrend.
I remain bullish as long as the 1.0850 level holds, with a target of 1.11.
The recent decline is contained within a falling wedge pattern, which could signal a continuation of the uptrend.
I remain bullish as long as the 1.0850 level holds, with a target of 1.11.
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EurUsd broke above the wedge's resistance and now is consolidating.I remain bullish as long as the price stays above 1.0850 in term of daily closing and a buy in 1.09 zone could have a nice R:R if we target the recent high
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