Hi everyone, EURUSD could see limited upside to test resistance at 1.18996 resistance zone before seeing a reversal here. We do caution the limited downside as prices are sitting on the ascending trend line on the weekly time frame where we could see a further upside once prices breaks above this key resistance area.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.