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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 1.1046 within the next 5 days. 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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