Friday, EurUsd closed under 1.07 important support
However, yesterday the pair lacked continuation and got back pretty quickly above this level.
The market seems to be positioning for "positive" CPI data and in such an instance a rally could follow for EurUsd.
I'm bullish as long as 1.0650 is intact and 1.09 could be the target in the short term.
However, yesterday the pair lacked continuation and got back pretty quickly above this level.
The market seems to be positioning for "positive" CPI data and in such an instance a rally could follow for EurUsd.
I'm bullish as long as 1.0650 is intact and 1.09 could be the target in the short term.
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