Steven_Maas

EURUSD attempting bullrun up, earlier rising wedge brings doubt

FX_IDC:EURUSD   EURO / US DOLLAR
EURUSD             might breakout the top here, but it'll require massive strength. The interesting thing here is the earlier rising wedge that had a relatively higher bearish atmosphere. This pennant is at the exact same spot.
Will post 5m timeframe chart below.

See earlier rising wedge analysis in the related ideas.

I personally wouldn't trade the long breakout mostly because of the lack of strength on the EURUSD             in general.
And then there's BREXIT...
Good luck!
Comment:
snapshot
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