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EUR/USD rallies through resistance
The EUR/USD pair mounted an impressive bounce above trendline resistance, and while it then retraced to the line, it posted a classic bounce.
Dip buyers came in around $1.14, suggesting that we have seen a bullish move develop. Further gains target $1.15 and then $1.1554. Higher lows have been put in place over the past week, so dips towards $1.14 may continue to find buyers.
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