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Hello Guys ,
After thirteen month of going up I think the EUR/USD pair will continue its movement upward after a little rest between the levels 1.2580 and 1.2050 .
The pair failed to penetrate the support level 1.2050 even with the strainght showen by USD for the last weeks and close with strong bulish candlestick on the daily chart.
The pair is forming a consolidation box which means that the price will rise to touch upper line at 1.2580 .
After thirteen month of going up I think the EUR/USD pair will continue its movement upward after a little rest between the levels 1.2580 and 1.2050 .
The pair failed to penetrate the support level 1.2050 even with the strainght showen by USD for the last weeks and close with strong bulish candlestick on the daily chart.
The pair is forming a consolidation box which means that the price will rise to touch upper line at 1.2580 .