EURUSD. Correction finished. Downtrend resumed.
The pair had finished the entire WXY corrective structure as price broke down below the trendline support.
Then we had a pullback to retest the broken support.
Now the Bear Flag continuation pattern has been shaped.
The price should at least retest the former trough of $1.1215.
Then we had a pullback to retest the broken support.
Now the Bear Flag continuation pattern has been shaped.
The price should at least retest the former trough of $1.1215.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.