EURUSD breaks the short term range and moving up
|EURUSD breaks the short term range on upside on last week. According to the weekly view the price is still on a large range. Though on lower time frame the price is moving by maintaining bullish bias but we can’t say the bullish momentum is sufficient to maintain long term bullish bias until the break of the high of the larger range at 1.1713 which is the high of 2015. There is a support at 1.1290 which could be retest and the resistance at 1.1615 which might be the next target.
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