BabyPips.com School of Pipsology
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Judging from EUR/USD's 4-hour chart, it looks like the euro bulls are taking a breather. The pair is struggling to rise above the resistance area of a possible rising wedge, while the overbought Stochastic signal is also supporting the euro bears. Will the pair break above the 1.2500 handle, or will it retrace all the way to the 1.2350 area?






