Article by Investazor.com
The European single currency managed to break 1.3900 and is now hesitating under 1.3950. Here it found the mid way to 1.40 and also a rejection of an up channel. I will not be surprised to see a short comeback around 1.39 before continuing to the next important resistance level. The trend remains up, but it is possible for a Rising Wedge to be drawn.
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