The movement of EURUSD towards the resistance line of a Rising Wedge is yet another test of the line it reached numerous times in the past. This line test could happen in the next 11 hours, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.
EURUSD is quickly approaching the resistance line of a Rising Wedge. We expect either a breakout through this line or a rebound.
