EUR/USD bounces off the 1.3250 support area which is also close to the 50 simple moving average for a couple of days. If it goes above the 1.3326 price level, the logical target would be the 1.3370 resistance area. The Stochastic indicates that there is still room to be bullish.
Comments
avis06
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Hit the target.
Chartreader
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Ya but would be a risky trade. Better not to enter this trade before Monday.
avis06
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Right, good point.
Chartreader
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Lot of drama happened for USD for the Fed Chairmanship issue!