Technical outlook:
The EURUSD is seen to be trading around 1.0930/35 levels at the moment. After printing intraday lows at 1.0900 levels last Friday, it might be setting up to push above 1.0967 levels which is initial price resistance. A break would be the first step to confirm that a meaningful bottom is in place at 1.0900 levels and that the pair is heading towards 1.1450. The ending diagonal structure described in the video is a terminating pattern and a swift reversal in trend is expected after that. It is to be seen how price action develops during the next foe hours or days to confirm a bullish reversal ahead.
Trading plan:
Aggressive long against 1.0850
Good luck!
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