EUR/USD rose further to 1.1994 last week, but struggled to break through 1.1988 resistance decisively. Initial bias is neutral this week for some consolidations first. Further rally will remain in favor as long as 1.1876 support holds. Sustained trading above 1.1988 resistance will affirm our bullish view that correction from 1.2348 has completed at 1.1703. […]
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