EURUSD in a triangle consolidation

EURUSD is bouncing from the 1.12000 support

 

EURUSD is in the consolidation triangle and is bouncing from the 1.12000 support. This bounce will be confirmed with a break above the 1.13500, an upside resistance. This would lead to an upside continuation to 1.15000. A break below 1.12000 is required for a downside continuation and a test of 1.09000.

 

Note: look for the short trade entry with the stops just above 36000

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