The EURUSD crossed over the Falling Resistance of 2009 in January and though it got rejected on the 1week MA100, the 1month MACD made a Bull Cross. 4 out of 5 Bull Crosses since 2009, extended the initial rallies.
The closer long term Resistance for the pair is the Falling Resistance of February 2018. We target below it at 1.1900 by the end of the year.
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