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Euro spike to 1.3046 before starting a short correction. Quoting right now at 1.3020, the pair could continue the correction till 1.2980 zone, roof of the ascendant channel broken a few hours ago. If the pullback is completed and the pair manages to stay above, more gains could be seen later on. All moving averages remain under the price and pointing to the upside, except 200 EMA still flat. Indicators have some signs of exhaustion, so, under the ,mentioned 1.2980, next supports will be at 1.2932, the zone around 1.2900 and finally, 1.2855/60. Above the 1.3046, consider resistances at 1.3070/84 zone, and 1.3136.
