EUR/USD: Inside Day

in #forex3 years ago

The EUR/USD forex market on the daily chart so far today has a high below yesterday’s high and a low above yesterday’s low. It is an inside day after an outside day, and there is now an ioi (inside-outside-inside) Breakout Mode pattern. It follows a small breakout above and below a 2-week triangle. Additionally, that followed a 4-week expanding triangle. All of it is within a 4-month trading range, and everything is a Breakout Mode pattern.

EUR/USD Daily

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