EUR Trading Outlook
TECHNICALS: Resistance on the daily chart at .9350 has been confirmed and this level must be given a large amount of respect. The short-term charts are showing a solid up-trend but we may be seeing a reversal and the first big level to watch is at .9175 (see chart).
TECHNICALS: The daily chart is showing that previously pivotal resistance levels at .9335 are again coming into view (see chart). A clean break above there brings the 38.2% retracement of the entire down-leg into view, and that comes in at .9510. Short-term momentum remains very bullish and the lack of any significant dip is a very telling factor.
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