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Alright folks, weekend chart analysis time! 🤓 EURUSD is hugging that 50 SMA like it's going out of style. I'm seeing a potential ascending triangle forming on the H4 chart. A break above 1.1875 could send it soaring 🚀. Keep an eye on that level next week! 👀
Update: Just noticed something else on the D1 chart. There's a bearish divergence forming between price and RSI.🤔 That could signal a potential pullback before any major upward move. Maybe a retest of 1.1850 before heading higher? 🤔 I'm thinking of waiting for a confirmed breakout above 1.1880 before entering long. Gotta be patient and not jump the gun! 🧘♀️ What do you all think? Is anyone else seeing this?
