The major rupture in the EUR / USD has led the pair to 1.4250 where the psychological resistance at the “50” pip has pushed a lower price bracket broken uptrend line pattern increase of the wedge. This pattern is a pattern of trends that should ideally be in the context of an uptrend and has three possible entry scenarios, two trend-following and trend change.
EUR / USD 60 min chart with the IBFX-PRS Grab and MT4 plug-in
