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EURUSD CONTINUES THE RALLY
The EUR/USD has broken above the recent daily swing high at 1.11400 and is showing strong upward momentum. The next key resistance is around 1.12507, a level known for strong selling pressure. As the pair approaches this zone, we could see either a fake breakout or a continuation of the bullish trend, potentially wiping out selling positions due to the recent bullish sentiment. It's advisable to follow the trend, as the pair is signaling more long opportunities in the market.
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