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EUR/USD bulls breakout. Caution advised.
After weeks of being in the 1.4200 region, the bulls won and we have hence moved to the 1.4400 region. On the daily, the channel i drew previously is now in play again. The upper trend line happens to be 1.4400. Look at how the lower trend line turns out to be the closing for the past 2 days. S & P 500 is still rallying and apparently the bulls are here to stay.