The Bullish Flag pattern has been formed on EURUSD at M5. The lower boundary of the pattern is located at 1.1596/1.1596, while the higher boundary lies at 1.1600/1.1600. The projection of the flagpole is 9 points. This formation signals that the upward trend is most likely to continue. Therefore, if the level of 1.1600 is broken, the price will move further upwards.