The EURUSD is experiencing a slight upward trend on a 4-hour chart, with lower highs consistently following a declining trend line.
Following the last test of this trend line, the market has begun to consolidate within a horizontal range on the 4-hour time frame.
The price has already broken the vertical trend line, indicating potential for a bullish breakout of the range resistance, which would demonstrate strength from the buyers.
Following the last test of this trend line, the market has begun to consolidate within a horizontal range on the 4-hour time frame.
The price has already broken the vertical trend line, indicating potential for a bullish breakout of the range resistance, which would demonstrate strength from the buyers.
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