ShaneHuynh

Ascending Triangle pattern broken

Long
FX:EURUSD   Euro / U.S. Dollar
EUR/USD just broke a two-month ascending triangle to the upside. The pair is retesting the resistance level @ 1.14500. My expectation is that the pair would retest and move upward. The next resistance levels locate at 1.1550 and 1.1600, respectively. This trade is a swing trade that could last a week or more. Stop-loss at the low of the triangle (@1.12210)

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