After repeatedly testing the resistance line, EUR/NZD is once again approaching it. Can we expect a bullish trend to emerge?

EUR/NZD: Continuation Chart Pattern - Rising Wedge
EUR/NZD is heading toward the resistance line of a Rising Wedge pattern and could reach it within the next 2 days. It has tested this line numerous times before, and this time may be no different, ending in a rebound instead of a breakout. If a breakout doesn’t occur, we could see a retracement back to current levels.

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