EUR/USD - Broken desc wedge pattern, retest before continuation?
- EUR/USD has been within a descending wedge pattern
- Multiple touches of both trend-lines confirm this
- Price made both a false break below followed by a false break above
- Looks to be a convincing break above today
- Leading into next week may see a move lower to retest the trend-line before continuing up
- Strong resistance level noted
THIS IS NOT TRADE ADVICE NOR A TRADE CALL
- Multiple touches of both trend-lines confirm this
- Price made both a false break below followed by a false break above
- Looks to be a convincing break above today
- Leading into next week may see a move lower to retest the trend-line before continuing up
- Strong resistance level noted
THIS IS NOT TRADE ADVICE NOR A TRADE CALL