Technically, price above median line after made sharp reversal on major support lower line targeting price to move towards upper line major resistance level completing its cycle.
We are also looking at US Dollar weakness to boost Euro higher, a price break above upper line resistance level could bring this pair back towards previous highest 1.19000
We are also looking at US Dollar weakness to boost Euro higher, a price break above upper line resistance level could bring this pair back towards previous highest 1.19000
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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.