EURUSD Solid buy setup. Ascending Triangle targeting 1.0800.

EURUSD made a Triple Bottom on the 1.05250 Support. With the Rising Resistance forming Higher Highs, the pattern that emerged is an Ascending Triangle.

The price is currently being rejected on the 4hour MA50, if it closes above it, buy targeting the top of the Triangle at 1.0800 (Resistance B and Fibonacci 1.618).


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Chart PatternsCurrenciescurrencyEUREURUSDForexTechnical IndicatorsTrend AnalysisUSD

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