[EURUSD] Buy Idea. Falling wedge formation on D1

Euro Fx/U.S. DollarFXCM

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⋅ Apr 27, 2020 1:33 PM

I was initially looking to take sells for this pair until a proper top down analysis indicated a textbook Falling Wedge formation. We will see the price break out of the resistance zone, break horizontal resistance and breakout into a buy.