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Euro / U.S. Dollar
Short

EURUSD

By forex_info

The EUR/USD pair is showing bearish signals as it follows an ascending channel and forms a rising wedge pattern on the 1-hour timeframe. This technical setup suggests a potential price reversal to the downside. Traders might consider short positions, anticipating a breakdown from the rising wedge.
Chart PatternseurusdlongsetupeurusdoutlookeurusdpredictionTechnical IndicatorsTrend Analysis
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