EURUSD Trade Idea

EU is currently in a range bound condition, on Thursday's (24th) forecast, I expected EU break the flag pattern to continue the bearish sentiment. However, we could see a busted flag pattern forming if the bottom trendline of the flag is violated. Currently looking for long opportunities if price breaks above 1.2270 resistance zone. However, if price again rejects the 1.2270 high or beginning to show lower highs sequence, we could expect EU to break below 1.2170 support back to 1.2070 zone.

Trade safe.

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