


forex_planet
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since May 28, 2016
bearish
eurusd
eurusdbreakout
monthlystructure
short
shortsetup
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Looks like cup and handle is completed, lets go down!
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Diamond pattern at the top of the structure on 4H, possible short move.
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Basic on fundamentals (future rate hikes by FED) and technical outlook, we see clearly downtrend on EUR/USD-0.74% monthly chart and forming bearish flag pattern. In the next few months we will see breakout and impulse move to around 0,85 level.
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