EUR/USD: 'Flag' has been broken

EUR/USD: 'Flag' has been broken


The pair is consolidating near the 89 Moving Average. It's likely that the market is going to test the nearest resistance at 1.2344 - 1.2358. A pullback from this area could be a departure point for a decline towards the nearest support at 1.2290.


The last 'Flag' has been broken, so the market is likely going to test the closest resistance at 1.2346 - 1.2358 in the coming hours. Meanwhile, if a pullback from this area forms little later on, there'll be a moment for a bearish price movement in the direction of another support at 1.2298 - 1.2290.



Latest news

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.

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