EURUSD is forming Rising Wedge after inner trend line break

Not surprisingly EURUSD has bounced in London session making new weekly highs after the price has closed above 1.0920 on Friday. The pair was given additional boost after good German IFO report. German IFO represents one of the most important indications of an overall economic health. It is an early sign of a future investing and spending. The pair perfectly touched 1.1113 as we could see then reversed. Currently the price is contained within a neutral territory just above the Rising Wedge and
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