Le-Loup-de-Zurich

EUR/USD: Bullish - BAT + Cup with handle

Long
FX:EURUSD   Euro / U.S. Dollar
EUR/USD: Bullish - BAT + Cup with handle

According to the harmonic figures (D/W):

Bearish BAT detected!
the price could go down to 1.07033 / 1.05263 / 1.01124

On the Chartist level:

We are Bullish because in fact, the Wolf of Zurich has detected a cup with a handle or a cup of coffee.
The price could break the polarity zone around 1.12 and reach 1.25649.

The ROC is in divergence territory! And if it enters positive territory, the price can explode higher.

Monitor exponential moving means 50 and 200 in Monthly!!
Indeed, the 200 exponential moving average is around €1.16465.

According to ICHIMOKU (Weeekly):
A return to 1.05153 is possible

Be careful.

Happy trading to all

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