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EUR/USD Testing a 2-Week Rising Trendline

From fxtimes.com

1.33 held; rising trendline: During the 12/19 session, the market held EUR/USD under 1.33 after briefly cracking this psychological level. The pair was dragged down to 1.3188 to start the 12/20 session. This was the resistance from a brief consolidation that formed earlier in the week. Here the market met a rising trendline (area) that goes back to the beginning of the previous week (12/10). The trendline barely held as we near the end of its 2nd week of holding price in a bull run. Scenarios: As we pullback above 1.3250 to start the 12/20 US session, the market is at the cusp of bullish continuation. The bullish ... (full story)

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