We've got a "Flag" pattern on EURUSD

There's a "Double Bottom" pattern, which has been formed above the 34 Moving Average. The main intraday target is the next resistance at 1.1901 - 1.1919. If a pullback from this area happens, there'll be an opportunity to have a decline towards the nearest support at 1.1859 - 1.1833.

We've got a "Flag" pattern, so the pair is likely going to test the closest resistance at 1.1914 - 1.1941 in the coming hours. If a pullback from these levels forms little later on, there'll be a moment to have another downward price movement in the direction of the 34 Moving Average.

eur

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