EurUsd is consolidating in a very tight 100 pips range, with bulls coming into the market just under 1.12 bearish capping gains at 1.13.
The long term trend is up, thus my bias is bullish for this pair.
I expect a break above 1.13 which could lead to acceleration
The first resistance comes into place at 1.14, but the single currency can reach 1.15 psychological level in the medium term.
The long term trend is up, thus my bias is bullish for this pair.
I expect a break above 1.13 which could lead to acceleration
The first resistance comes into place at 1.14, but the single currency can reach 1.15 psychological level in the medium term.
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