Waiting for EU to break the triangle.

The EU is in consolidation. It will probably continue to be in for the next day (Holiday in the US).

We'll be waiting for it to break one side of the triangle. Breaking up is more important as this opens the chance to go to 1.1850 - 1.1950.

If it breaks down, I will not sell. However I will be waiting for the test of 1.1500 and buy if the support holds.

Happy trading!
Chart PatternsEURUSDtrianglebreak

Disclaimer