Euro / U.S. DollarShort
EUR/USD Ascending Triangle . WIll it break?
Currently, the price action is exhibiting consolidation at the resistance trendline formed on June 16 and June 22. There is a potential downside movement towards the level of 1.1123. However, it is worth noting that if there is a surge in buying pressure, it could trigger a breakout of the ascending triangle pattern observed on the daily time frame.
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