The EURUSD danced around an important LT resistance level around 1.2951, actually, since the 15th of July, when it got there, it hasn’t move that much, until earlier this morning, when it broke the resistance of the short term range:
This breakout triggered a bullish market condition, therefore I will be looking for long opportunities in the EURUSD as long as it continues to trade above 1.3036.
Tags: EURUSD Analysis
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