Watch EURUSD For A Break Higher

We will be watching EURUSD for a breakout of this flag to the upside. This is an emerging pattern with high probability. Wait for a close on the 30 minute chart for a close above the top trendline of this flag pattern before initiating a position. Targets of 1.15750, the figure of 1.16000 and 1.16200.

If this pair breaks down through the lower trendline this signal will be null and void.