EUR/USD – What Type of Wedge?

Daily

Chart Prepared by Jamie Saettele, CMT

DailyFX Trading Guides and Forecasts

Traits of Successful Traders

-I wrote last updates that “I don’t feel strongly one or the other at these levels but levels to note are 1.0654, 1.0517, and 1.0460s.” EUR/USD dipped into the 20 day average before finishing January on a high note. 1.0820/50 (supports going back to 2015) is a big level. Strength above would be viewed as an important technical event and shift focus to 1.1200 (or close). The title refers to the fact that the rally from the low could end up as a running wedge. A break above the blue line would suggest as much.

EUR/USD – What Type of Wedge?
EUR/USD – What Type of Wedge?
https://rss.dailyfx.com/feeds/all
$inline_image !!! CLICK HERE TO READ MORE !!! EUR/USD – What Type of Wedge? Forex Blog | Free Forex Tips | Forex News http://www.forextutor.net/eurusd-what-type-of-wedge/