FX:EURUSD Euro Fx/U.S. Dollar
Trend-line tests once again as price soars into early afternoon. We near the approach of a this that also serves as the base for an inverted or upwards triangle. Regardless of the technical terms, price is once again consolidating with a good probability of breakout out above. Why is the favor in this pair breaking out above? This is simply due to measuring the move away from the . The move away simply isn’t as strong as it used to be signaling a continuation of this current uptrend.