EUR/USD – 1.3138 and 1.3170, Oct. and Sept. Highs are Next

Bullish momentum: The EUR/USD continues the bull run since November’s low at 1.2660. In the 4H chart we see a market developing bullish momentum, as the RSI reading tagged 70, held above 40 and than back to 70 again. The moving averages are almost in complete bullish alignment. Price action did push…

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EUR/USD – 1.3138 and 1.3170, Oct. and Sept. Highs are Next