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EURUSD Daily Update: Bullish wedge breakout

Euro / Dollaro (FX:EURUSD)  
MujkanovicFX  
FX:EURUSD   Euro / Dollaro
Trend Analysis Chart Patterns Beyond Technical Analysis EUR USD EURUSD fed Forex signal
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trendanalysis chartpattern beyondta eur usd eurusd fed forex signal
The EURUSD pair is slowing breaking above a bullish wedge, with the RSI forming a hidden bullish divergence.

Daily candles are about to form a bullish Morning Star reversal pattern.

The overall trend since May has been up, with a potential fresh higher high to come.

The USD strength is clearly losing momentum and markets are still assessing the possibility of a Fed rate cut.

Idee correlate

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