EUR/USD reveals ascending pattern

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The EUR/USD currency exchange rate has revealed an ascending channel pattern. The pattern represents the rate's surge following the bounce off from the lower trend line of a dominant descending pattern. 

In the near future the rate is expected to continue its surge in this pattern higher until it meets a strong resistance levels, which might stop the surge and break the pattern.  

Meanwhile, note that Dukascopy Analytics are taking the next week off. Use the pattern for guidance and note that the markets will be closed during the holiday days.
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Actual Topics

Fri, 21 Dec 2018 09:12:55 GMT

GBP/USD remains near 1.2700 level

On Friday, the GBP/USD traded still below the 1.2700 level, which continued to provide resistance. 

Thu, 20 Dec 2018 10:43:08 GMT

NZD/USD mix signals today

The New Zealand Dollar deprecated about 111 base points against the US Dollar on Wednesday. The decline was temporarily stopped by the weekly S1 at 0.6747 during the end Wednesday's session.

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