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EUR/USD: The uptrend is still there!
Today, I see EUR/USD breaking out of the bearish sentiment and rebounding to its recent high on Tuesday, but failing again at 1.1200. There really isn’t much support for the Euro to push higher. However, the broader USD weakness has helped keep EUR/USD high, which keeps me on the lookout for further upside in the pair.
Based on the technical indicators EMA 34, EMA 89 and support resistance zones, it makes sense to set up a buy order.
Based on the technical indicators EMA 34, EMA 89 and support resistance zones, it makes sense to set up a buy order.
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