EURUSD TRADERS AWAIT TRIANGLE PATTERN BREAK
The euro currency is starting to weaken below the 1.1700 level against the US dollar , after a false technical breakout above the well-defined symmetrical on Tuesday. EURUSD traders need to see a clear-break of the to encourage a much needed directional breakout in the pair. Buyers need to break the 1.1730 , while sellers need to force a break of the 1.1610 .
The EURUSD pair is only while trading above the 1.1730 level, key resistance is found at the 1.1780 and 1.1850 levels.
If the EURUSD pair falls below the 1.1610 level, key technical support is found at the 1.1540 and 1.1480 levels.