KN_FXtrader

EUR/USD Technical analysis

FX:EURUSD   Euro Fx/U.S. Dollar
We should wait the reaction of the price to the resistance area . A bullish breakout might lead the price to the long-term trend line , where buyers would look to retest the previous highs. On the other hand, if euro             do not manage to go over the resistance bears should look to return the price through the level of 1.05300. ( RSI is in uptrend)
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