Past performance is not an indicator of future results.
EURUSD is heading towards the resistance line of a Rising Wedge. If this movement continues, we expect the price of EURUSD to test 1.2275 within the next 14 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
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