On the EURUSD chart, we can see that the instrument is testing the 1.17300 level of the triangle. The daily close above this level is required for an upside reversal and a test of 1.18400 level. The downside triangle line is at the 1.16000 level and the daily close below this level is required for the downside continuation into the 1.15000 level.
Note: wait for a daily price action around this levels for the trade entries long/short. There is an ECB meeting to be held today and we could see an increased volatility.
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