The EUR/USD has broken and closed above 1,4280 which validates a cup&handle pattern. But the pair is currently testing a strong descending trendline passing by 2 important lower tops in June and July.
A clear break above this resistance exposes 1,46 corresponding to the daily bollinger band.
Inversely, we might see the market reversing if it stalls out ahead of the trendline and breaks back below 1,4280.
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