Daniel.B

Technical Pattern to monitor

FX_IDC:EURUSD   Euro / Dollar AS
9
Well what we have is an ascending triangle pattern that has formed on the W1 chart for the Euro. This is a breakout pattern, and by the aggressiveness of the Euro bulls it looks like we may get a breakout above the resistance area. Anyhow this is my analysis on E/U, simple and straight to the point. Not taking any positions yet.

Cheers, and good luck with the upcoming week of trading! =)
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