Thoughts on EURUSD (Bearish possibility)
After a big bullish move, the price seems to be consolidating and forming a rising wedge. I'm expecting the price to go up once more to 1.07440 and then fall. If that's not the case and it continues, I would expect a retest on 1.0737. Our TP would be 1.06000, although 1.06425 could be another possibility for first target. If it doesn't do any of that, then I wouldn't enter a trade, but the pattern is formed already.
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