EURUSD – Euro/dollar explodes higher from support
The EURUSD surged higher last Thursday after showing rejection of the key support zone between 1.3485 – 1.3460 that we’ve been discussing in recent commentaries. On Friday, the bullish move continued as the euro hit an eight and a half month high against the U.S. dollar before backing off the day’s high slightly into the close. We could see more upward price movement this week and we will watch for weakness to buy into the uptrend, ideally on a price action buy signal from support.
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The EURUSD surged higher last Thursday after showing rejection of the key support zone between 1.3485 – 1.3460 that we’ve been discussing in recent commentaries. On Friday, the bullish move continued as the euro hit an eight and a half month high against the U.S. dollar before backing off the day’s high slightly into the close. We could see more upward price movement this week and we will watch for weakness to buy into the uptrend, ideally on a price action buy signal from support.
Open Live account Click her
Invest your funds under Brightglobalfx click her ►
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