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Long

Is EURGBP ready to break out?

FX:EURGBP   Euro Fx/British Pound
17 0 2
EURGBP             tests a redrawn trend-line. Keep in mind that trend-lines can be redrawn. In fact, there are multiple methods of drawing trend lines using the best fit method or connecting the two origin points. This is a re-drawn trend-line using the absolute extreme points instead of the previous best fit line.
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