Euro / Dólar Americano
Viés de alta

EURO Falling wedge

A similar situation seems to be happening on GBP/USD, but on a larger scale. A nicely defined wedge pattern has formed here not too long after the downward breakout from the huge channel we were in. Big bearish move for EURO. I expect this to breakout upward and the falling trend line just above 1.07 would be my initial target.

Aviso legal