This chart of FXE shows a forming bullish triangle, a continuation pattern. The length of the formation is 3 months, and its height is about 10. The breakout should occur between 66% and 75% of the length, in the grey breakout area. The length of the move should be about the same as the height, about $10. Volume, however, is not exactly in line with this pattern. It should be decreasing as the triangle forms, with more emphasis on up days rather than down days.
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