EUR/USD: A near-term “Triangle” is developing and it is most likely a final consolidation in the short-term uptrend. The target for the “Triangle” equals the current stretch in the mid-1.34s
and it could be tested before steering south. A session close below the average 5day low, now at 1.3300 and a bearish break below the rising 8day “Equilibrium” not far below would up the probability that a high is in place.
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