Article by Investazor.com
The EURUSD quotation was rejected from 1.3700, last Friday. Not it is trading sideways above 1.3745. A break above the local resistance could signal a continuation of the rally to 1.3800, while a break and close, on a 60 minutes chart, bellow the current support could mean another test on 1.3700. The Rising Wedge that is drawn could be a strong bearish signal in case of confirmation.
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