The Euro had a okay but not great April. The pair rallied from 1.1377 to close the month at 1.1445. But that doesn't tell us the whole picture. On the chart below the daily trend is more clearly visible. Even more important, the EUR/USD closed Friday 94 pips in the green, showing that it has both trend and momentum on its side.
But just how far will this rally take us? I think the pair will have no problem breaking past the 1.1400-1.1500 resistance barrier. The only potential stopping point I'm …
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