ForexTrendline

The rise on EURUSD continues

FX_IDC:EURUSD   Euro / U.S. Dollar
Yesterday EURUSD managed to breakout 1,1000 and tested the previous top.

We expect the uptrend to continue, additional confirmation will be breakout of 1,1074.

The next resistance levels are 1,1154 and 1,1274.

Upon decline below 1,0900 the scenario breaks down.

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