Is EUR/USD poised for a near-term break? - ConsultFX

Is EUR/USD poised for a near-term break?

Price is slowly forming a wedge on the hourly chart ForexLive The dollar was the lead gainer in trading overnight but EUR/USD buyers have managed to stay in near-term control despite that. Price moved towards the swing high area (resistance-turned-support) around 1.1535-40 and stalled around there before tracking higher.