EUR/USD has broken through 1.0864 which it has tested numerous times in the past. We have seen it retrace from this price in the past. If this new trend persists, EUR/USD may be heading towards 1.0891 within the next 11 hours.
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EUR/USD – breach of a trending resistance line that has been tested at least twice before.
This trade setup on EUR/USD is formed by a period of consolidation; a period in which the price…