Use advanced tools to confirm the Ascending Triangle on EUR/USD before you trade.
Bullish continuation pattern.
Consolidation. Can break either way.
Traders are watching EUR//USD (EUR/USD) as price action tightens. With a last close of $1.18, volatility remains active (1.06%). The primary technical feature is a Ascending Triangle formation. This setup is supported by average volume turnover. A potential breakout level is identified at $1.18, targeting $1.22 with support near $1.15 (R:R 1.3).
What is your outlook on EUR/USD?