EUR/USD Bulls: Third Time Lucky?
Is this the breakthrough for EUR/USD bulls? After two failed attempts to break higher from wedge patterns in July and early August, it seems bulls may be third time lucky as the price has triggered an ascending triangle pattern. This pattern suggests that EUR/USD could reach as high as 1.1254, provided it stays above yesterday's low of 1.09. Resistance remains at the December 2023 high of 1.1141, but the chart looks bullish for now.
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