For the long term, EUR is looking bullish with daily chart showing a strong channel and higher low trend line. By next month end EUR is supposed to test the previous highs made in the months of October and December which after breaking out turned out to be a support in April for a brief period. Currently we are expecting the market to touch a level of 1.3790 before correcting again till 1.35 or lower.
Even on a four hour chart EUR is making a symmetric triangle which breaking above would test t…
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