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EURUSD - Long - Despite Pullback

We still see EURUSD moving higher despite a pullback 1.115 mainly on the back of middle east tensions which saw increased demand for the US dollar as a safe haven asset. Last Friday's FOMC minutes indicated that it is unlikely that there would be rate hikes in 2020 whilst recent Eurozone data has been stronger than expected with German Retail sales coming in at 2.8% vs 1% forecast. Therefore we anticipate the currency pair challenging and consolidating above 1.122 in the next few trading sessions.