EUR/USD – a Rising Wedge Correction?

Correction, pennant: The EUR/USD was spotted yesterday in a correction coming off an extended bullish divergence seen in the 4H chart. In the 1H chart, we can see that price action has broken to new highs for the week, until 1.2756 before stalling in the 11/14 European session. The rally broke a a…

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EUR/USD – a Rising Wedge Correction?