The EURUSD returned to trade inside the after the recent rally, and the price attempts to build support base above 1. 1400 level to confirm the continuation of the on the longer term basis, thus, the rise will be expected in the upcoming periods.
The exponential moving averages 50 and 100 offers the positive support to the price, and shows signals that reinforce the expectations of witnessing more rise.
The next target is located at 1.2100, and the risk limit at 1.1100.
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