EURUSD WEDGE BROKEN BUT MONTHLY SUPPORT STILL THERE (ALERT!!!)
MARKET ANALYSIS: Now as we can see from the chart pattern it clearly shows the price has broken the long term wedge pattern. But even though it has broken the wedge there is a strong monthly support level there. So if the support holds on we can see a rally up to the previous markets high. Let's wait and see what the market does in the coming days. Cheers!
Trade closed manually
Support broken
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.