Austinet24

EURUSD CONSOLIDATING FOR A BREAKOUT

Long
OANDA:EURUSD   Euro / U.S. Dollar
The EURUSD pair is consolidating within a triangle from the 1H time frame on the chart above, with intensive buy pressure that started yesterday and could not proceed much in the early hours of today. the price has stalled with the triangular candlestick pattern. a breakout is necessary to determine the directional effect of the continuation pattern after a breakout in the above asymmetric triangle.

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