EURUSD Analysis==>Cup and Handle Pattern==>>Pennant Pattern

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EURUSD is moving near the Support zone($1.105-$1.103) and managed to break the Downtrend line.

If we look at the EURUSD chart from the point of view of Classic Technical Analysis, we will notice two Cup and Handle Pattern and a Bullish Pennant Pattern.

After breaking the neckline, I expect EURUSD to rise to at least the Resistance zone($1.111-$1.109).

Euro/U.S.Dollar Analyze ( EURUSD), 15-minute Time frame ⏰.

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تم فتح الصفقة

Although the patterns didn't play out well, I'm still bullish on EURUSD for the short term (at least).

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أغلقت الصفقة: تم الوصول لوقف الخسارة

Stop loss was touched. Maybe EURUSD will go down to $1.10135