EUR/USD finds thin gains on Wednesday after European GDP holds steady

EUR/USD found thin footing to stage a rebound from a decline into 1.0700

Sentiment is: Positive

Technical Analysis

EUR/USD is moving towards a resistance line. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 15 days and may test it again within the next 3 days.

EUR/USD - getting close to resistance of a Falling Wedge

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