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ShaneHuynh
Jan 12, 2019 8:32 PM

Ascending Triangle pattern broken Long

Euro Fx/U.S. DollarFXCM

Description

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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