EURUSD has been in a bearish trend for a while. We had many bullish divergences in the last few days, we have a bullish divergence on Daily, and now we have a triangle on H1. We also have a pretty strong resistance at 1.1830. I want to see a breakout of both the triangle and the resistance and a retest of the 1.1830 level in order to open a BUY order.
If the price won't break the top of the triangle, I expect it to consolidate for a few more days.
If the price won't break the top of the triangle, I expect it to consolidate for a few more days.
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