EUR/USD – Approaching strong resistance area

EUR/USD has broken its declining trendline and is now approaching the strong resistance area between 1.2876 and 1.2894. An hourly support is at 1.2814 (intraday low). • The break to the downside out of the consolidation from mid-September to November (see triangle) calls for further weakness …

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EUR/USD – Approaching strong resistance area

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