JohnKicklighter

The EURUSD's Large Wedge is Clear on the Weekly

FX:EURUSD   Euro / Dolar A.S.
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The EURUSD's range development these past nine months has been pretty considerable, but its levels haven't held out as especially distinct (many temporary breaches). However, we get a good sense of the restraints on the market when looking at the weekly. A large, rising triangle with horizontal resistance around 1.15. This has room to move for now, but when will it give? What will motivate the break?

Penafian

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