The EURUSD put in its high of the week at 1.3170 on Monday and never looked back. The pair slowly pushed lower until Wednesday before finding a bit of traction. Heading into the new week the cross finds itself in a triangle on the 1H chart. The top of the triangle is currently around 1.3040 and the bottom is down around 1.2975. Which ever way the channel breaks will most likely dictate the price action into the new week. A break above the topside favors a move up towards 1.3170. A push below the bottom of the triangle favors a move towards 1.2820.
Sup 1.2975 1.2820
Res 1.3040 1.3170
Keane Plan...Clean setup, waiting for a break of the triangle to dictate price action.
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