Contributors Technical Analysis EUR/USD Is This A Bearish Signal?

EUR/USD Is This A Bearish Signal?

We had a false breakout above the upper median line (uml) of the ascending pitchfork, price has come back to retest the resistance level. A rejection will send the rate towards the 1.1712 static support and towards the median line (ml). However, you should know that the perspective is bullish despite a minor decrease.

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