EUR/USD started to rally this week
EUR/USD finds support around 1.0765/1.0780 and tries to gain additional upside momentum. No major economic reports are scheduled to be released in Europe today, so traders will continue to monitor general market sentiment.
If EUR/USD can get back above 1.0800, it will move towards the 50 moving average of 1.0826. A break above the 50 moving average will open the way for testing resistance at 1.0900-1.0915.
If EUR/USD can get back above 1.0800, it will move towards the 50 moving average of 1.0826. A break above the 50 moving average will open the way for testing resistance at 1.0900-1.0915.
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