Well what we have is an ascending triangle pattern that has formed on the W1 chart for the Euro. This is a breakout pattern, and by the aggressiveness of the Euro bulls it looks like we may get a breakout above the resistance area. Anyhow this is my analysis on E/U, simple and straight to the point. Not taking any positions yet.
Cheers, and good luck with the upcoming week of trading! =)
Cheers, and good luck with the upcoming week of trading! =)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.