EUR/USD Trading Above 1.35 at 200-Week SMA

Acceleration, stops hit: In the previous update of EUR/USD, I noted a break above a consolidation range, and test of the 1.35 handle. The market did stall there for part of the US session, but eventually broke above. I noted that since this was a resistance area around the 2012 high, that a break…

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EUR/USD Trading Above 1.35 at 200-Week SMA