EURUSD is going for a consolidation triangle resistance testÂ
EURUSD is testing the 1.1342, which is a consolidation triangle resistance. A break above this level could accelerate reversal to 1.1.5000, and it could happen as we have an ECB meeting event. Looking lower, we need to see a break below 1.12000 for a downside extension and continuation lower.Â
Note: look for the long trade entries with the stop loss below 1.12300
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