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EUR/USD, Short Term Upswings Are Confirmed

By: Investija

Short term upswings are confirmed by rebounding from support level back to resistance. However, despite previous bullish movement, while resistance barrier holds – bulls movement is limited. At the moment waiting action remains, with a possibility to rebound back to support. While positive trend stays active, bulls have more potential to breach out by resistance and initiate stronger positive movements. Waiting action holds for now.

EUR/USD Technical Analysis- Short Term Upswings Are Confirmed

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