EUR/USD: a bull run is around the corner?
Judging by the recent price development, some sort of an ascending triangle has been formed and the price is currently attempting to reject the upper boundary of it. If we get to see a short-term drop and re-touch of the highlighted ascending diagonal area aligning with the 61.8% Fibonacci retracement level, we might consider entering long positions and targeting the crucial level of resistance portrayed on the graph.
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