EURUSD is now near the resistance level. The next resistance level is at 1.35. Breakout will probably bring the pair to higher high. The price is now forming a uptrend channel. The price rebound from the 21MA and now traded above it. The support is at 1.3352.
EURUSD yesterday had a bullish candle that closed higher than the bearish candle indicating further bullish sentiment. On the daily chart, the pair succesfully retest the 100MA and closed above it. The may indicate long term bullish trend. The support is at 1.325 and resistance is at 1.36.
By The Backyard Burner
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