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EUR/USD Technical Analysis

Long
Euro / U.S. Dollar (OANDA:EURUSD)  
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OANDA:EURUSD   Euro / U.S. Dollar
Trend Analysis Chart Patterns EURUSD eurusdlong eurusdprediction eurusdforecast eurusdidea eurusdsignal eurusdanalysis eurusdtrade eurusdoutlook
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trendanalysis chartpattern eurusd eurusdlong eurusdprediction eurusdforecast eurusdidea eurusdsignal eurusdanalysis eurusdtrade eurusdoutlook

The counter has broken out of a deep consolidation.
Technically, it could be interpreted as a pennant formation and box formation.
Both signify deep consolidation and hence the pair has legs for a further bull run in the short-term.
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