EURUSD short term technicals: Neutral/bullish the EUR is trading at a one month high as it extends its gains since late Sep and now marks a rather convincing uptrend. The shared currency climb for the session stalled at 1.1870 or around the 61.8% Fib retracement of its Sep drop at 1.1859 that may act as a clear mark to breach to signal a continued appreciation. More generally, the mid 1.18 may act as a consolidation area for the EUR with no other obvious resistance markers ahead of 1.19. Support is 1.1820/30 followed by the big figure, 38.2% Fib at 1.1765 follows.
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