The pair is trying to break out of a triangle which could lead to further gains in the short-term. If we take the projected target out of a triangle, the Euro could test 1.1550. On the downside, a break below the bottom trendline at 1.1295/75 would invalidate this scenario
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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.