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Can EURUSD Breakout of The Falling......>

EURO-DOLLAR
EURO-DOLLAR: Can EURUSD Breakout of The Falling Wedge?
- EURUSD remains locked in the falling wedge chart pattern.
- This is a bullish reversal pattern with a break of 1.1243 needed for
confirmation.
- Consolidation above could trigger fresh demand interest towards the 50%
retracement of the Mar-Apr fall & 100-dma at 1.1278/81.
- EURUSD charted a Doji candle yesterday which is a sign of indecision and
normally seen at the bottom/top of trends.
https://emedia.marketnews.com/marketnewsintl/EURUSD_Falling_Wedge.png

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