EURUSD
The Euro extended its gains Vs the U.S. dollar, keeping the daily bullishness intact by breaking the 1.2845 resistance. While the lower half of 1.28 remains safe, we will be looking forward for tests of 1.29. Support is now seen at 1.2845 backed by 1.2830 and 1.2800. Resistance is seen at 1.2875 followed by 1.2900 and 1.2940. Both hourly and daily sentiment are bullish. Current exchange rate is 1.2869 @ 07:36 GMT.
Trading strategies:
Long in the 1.2850 area, stop below 1.2820, objectives at and above 1.2900.
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