The Eur/Usd is again moving inside an inverted triangle, usually a reversion figure; a few minutes ago, the pair reached the ascendant trend line at the top of the figure, and right now, is also fighting the 200 EMA at 4 hours charts. The pair is pushing to the upside, yet will need to break above today’s maximum, in order to continue first, to the zone @ 1.2942, followed by 1.2968 and finally close to 1.3000. Only under 1.2860, we could see some reversion in the pair, with an intermediate target around 1.2830 but most likely close to 1.2790/2805, and under this last, 1.2745.
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