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Jonny_Fortune

EURUSD - Consolidation Breakout To Trigger Long Opportunity

Long
Euro / U.S. Dollar (FX:EURUSD)  
Jonny_Fortune  
FX:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns Wave Analysis Technical Analysis technical_analysis EUR USD EURUSD eurodollar eurousd
5
0
trendanalysis chartpattern waveanalysis technicalanalysis technical_analysis eur usd eurusd eurodollar eurousd
Price has been consolidating above the key area of support highlighted and is testing the upper downward sloping trend line. A breakout of the consolidation pattern clears the way for longs to the next key areas of resistance in the EURUSD.
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