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Jan 10 - 03:55 AM

EUR/USD - Chart Points To Even Bigger Gains Through 1.0800

By Martin Miller  —  Jan 10 - 02:50 AM
  • EUR/USD has exploded higher on Friday and Monday, bias remains on upside

  • Scope is growing for bigger gains through the 1.0800 psychological level

  • Fourteen-day momentum remains positive, reinforcing the upside bias

  • Tenkan and kijun lines are positive aligned, another bullish construction

  • Only a break and close under the kijun line, now at 1.0602, would defer

  • EUR/USD Trader TGM2334. Previous nL1N33U0CX

Source:
Refinitiv IFR Research/Market Commentary

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