FX.co ★ EUR/USD analysis for December 17, 2018

Recently, the EUR/USD pair has been trading upwards. The price tested the level of 1.1348. According to the M15 time – frame, I found that price is trading above the Ichimoku cloud and above the bullish flag, which is a sign that buyers are in control. I also found that triple top (bullish) pattern on the point and figure chart, which is another sign of the strength. My advice is to watch for buying opportunities. The upward targets are set at the price of 1.1392 and at the price of 1.1435.