Euro / U.S. Dollar

Uptrend in EURUSD

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Last week we saw a definite rise in EURUSD and confirmation of the uptrend in H1.

Important resistance was reached at 1.0940 and we are still holding to these levels.

At current levels, there is no basis for new entries because there is no good ratio.

We expect the uptrend to continue and will look for new entry opportunities.

The next important resistance is at 1.1080!

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