EUR/USD: developing 'Triangle' pattern

EUR/USD: developing 'Triangle' pattern


The pair is consolidating between the levels 1.1673 - 1.1654. It's likely that we're going to have a 'Triangle'. If so, the price is going to reach the next resistance at 1.1690 - 1.1720. A pullback from this area could be a departure point for a decline.


There's a bullish 'Flag'. In this case, we should keep an eye on the nearest resistance at 1.1706 - 1.1720 as an intraday target. If a pullback from these levels happens next, we could have a decline toward another support at 1.1635 - 1.1620.



Latest news

XAU/USD: an attempt to recover

After forming a “hammer” candlestick on the D1 on Tuesday, XAU/USD rose to $1,467 and consolidated between this level and $1,461.

Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera