EURUSD Looks Ready to Break Higher

From dailypriceaction.com

On December 8th, I mentioned how EURUSD was flagging below 1.2150. That’s another way of saying a bull flag was developing. Since reaching the 1.2150 resistance area last week, the EURUSD has pulled back. We weren’t surprised by that as 1.2150 has been in every weekly forex forecast video for the last few weeks. Despite reaching a key resistance area, the EURUSD price action has remained constructive. The uptrend is alive and well, and the euro is holding above the 1.20 region where it broke out on December 1st. This upward movement is something I’ve been writing about since July. Earlier this week, I told ... (full story)