Hedge funds may be gearing up for more upside.
The EURO became the most used currency in the world in the past few months. This is a result of a falling US Dollar.
Technical analysis shows a trendline acting as resistance. Should the breakout be successful, I'll be buying the EURO for the medium-term.
Price has also rejected a downward trend line stretching from 2008. This marks the beginning of the next bull market.
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