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Breach of resistance could mean a start of a bullish trend on EUR/USD

EUR/USD has broken through a resistance line of a Falling Wedge chart pattern. If this breakout holds true, we expect the price of EUR/USD to test 1.0975 within the next 17 hours. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.

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