EUR/USD upside scenario

The pair looks more bullish now with the Fed expected to be more prudent on raising interest rates next year.
An ascending triangle is shown on the 4h time frame.
An upside breakout around 1.15 might send the pair beyond the resistance line for a potential target up to 1.18
Chart PatternsdollardollarindexecbEUReuroeurodollarEURUSDfedUSD

Ramzi Abou Abdallah, CFTe, CMT

Declinazione di responsabilità