Have you seen the USD? It lost value against the EUR and JPY - a rare situation - grab it!
EUR/USD: pair going to reach next resistance
The main trend is still bullish, so the market is likely going to reach the next resistance at 1.2537 - 1.2569. If a pullback from this area happens little later on, there'll be an opportunity to have a decline towards the closest support at 1.2453 - 1.2434.
Bulls faced with resistance at 1.2522, so the pair is likely going to test the closest support at 1.2474 - 1.2453. This area could be a departure point for another upward price movement in the direction of the next resistance at 1.2522 - 1.2537.
What are the key technical levels for the main pairs? Check the article to set yourself for this day's trends.
EUR/USD ran into resistance of the 100- and 200-week MAs at 1.1340 and slid towards 1.1100.
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