Actually its bearish pattern in long term but for now suggested to take long positions targeting area between 1.2 and 1.22 during march April then start down trend targeting 1.162 Fibonacci down... which is between 1.05 and 1.1. its early to confirm this long time bearish pattern but we can take the advantage now by taking long positions as EURUSD is above recent resistances .. MFI and RSI and stochastic showing positive trend too
